FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122952004> ?p ?o ?g. }

• W3122952004 endingPage "352" @default.
• W3122952004 startingPage "330" @default.
• W3122952004 abstract "The paper asks how state of the art DSGE models that account for the conditional response of hours following a positive neutral technology shock compare in a marginal likelihood race. To that end we construct and estimate several competing small-scale DSGE models that extend the standard real business cycle model. In particular, we identify from the literature six different hypotheses that generate the empirically observed decline in hours worked after a positive technology shock. These models alternatively exhibit (i) sticky prices; (ii) firm entry and exit with time to build; (iii) habit in consumption and costly adjustment of investment; (iv) persistence in the permanent technology shocks; (v) labor market friction with procyclical hiring costs; and (vi) Leontief production function with labor-saving technology shocks. In terms of model posterior probabilities, impulse responses, and autocorrelations, the model favored is the one that exhibits habit formation in consumption and investment adjustment costs. A robustness test shows that the sticky price model becomes as competitive as the habit formation and costly adjustment of investment model when sticky wages are included." @default.
• W3122952004 created "2021-02-01" @default.
• W3122952004 creator A5009834113 @default.
• W3122952004 date "2014-08-01" @default.
• W3122952004 modified "2023-10-18" @default.
• W3122952004 title "What (really) accounts for the fall in hours after a technology shock?" @default.
• W3122952004 cites W1528221582 @default.
• W3122952004 cites W1967239989 @default.
• W3122952004 cites W1985130276 @default.
• W3122952004 cites W1991057168 @default.
• W3122952004 cites W2001867194 @default.
• W3122952004 cites W2006651494 @default.
• W3122952004 cites W2039982886 @default.
• W3122952004 cites W2109223252 @default.
• W3122952004 cites W2111298197 @default.
• W3122952004 cites W2111656590 @default.
• W3122952004 cites W2112070030 @default.
• W3122952004 cites W2117360332 @default.
• W3122952004 cites W2119489899 @default.
• W3122952004 cites W2123849123 @default.
• W3122952004 cites W2124091152 @default.
• W3122952004 cites W2135814741 @default.
• W3122952004 cites W2135874057 @default.
• W3122952004 cites W2144625816 @default.
• W3122952004 cites W2149119892 @default.
• W3122952004 cites W2167669534 @default.
• W3122952004 cites W2168446738 @default.
• W3122952004 cites W3121293400 @default.
• W3122952004 cites W3121408141 @default.
• W3122952004 cites W3121837500 @default.
• W3122952004 cites W3122059724 @default.
• W3122952004 cites W3124661594 @default.
• W3122952004 cites W3124765495 @default.
• W3122952004 cites W3125081451 @default.
• W3122952004 doi "https://doi.org/10.1016/j.jedc.2014.05.022" @default.
• W3122952004 hasPublicationYear "2014" @default.
• W3122952004 type Work @default.
• W3122952004 sameAs 3122952004 @default.
• W3122952004 citedByCount "12" @default.
• W3122952004 countsByYear W31229520042014 @default.
• W3122952004 countsByYear W31229520042016 @default.
• W3122952004 countsByYear W31229520042017 @default.
• W3122952004 countsByYear W31229520042018 @default.
• W3122952004 countsByYear W31229520042020 @default.
• W3122952004 countsByYear W31229520042021 @default.
• W3122952004 countsByYear W31229520042022 @default.
• W3122952004 crossrefType "journal-article" @default.
• W3122952004 hasAuthorship W3122952004A5009834113 @default.
• W3122952004 hasBestOaLocation W31229520042 @default.
• W3122952004 hasConcept C104317684 @default.
• W3122952004 hasConcept C126285488 @default.
• W3122952004 hasConcept C126322002 @default.
• W3122952004 hasConcept C139719470 @default.
• W3122952004 hasConcept C144024400 @default.
• W3122952004 hasConcept C149782125 @default.
• W3122952004 hasConcept C162324750 @default.
• W3122952004 hasConcept C175444787 @default.
• W3122952004 hasConcept C17744445 @default.
• W3122952004 hasConcept C185592680 @default.
• W3122952004 hasConcept C199539241 @default.
• W3122952004 hasConcept C27548731 @default.
• W3122952004 hasConcept C2776318286 @default.
• W3122952004 hasConcept C2781300812 @default.
• W3122952004 hasConcept C30772137 @default.
• W3122952004 hasConcept C36289849 @default.
• W3122952004 hasConcept C489367 @default.
• W3122952004 hasConcept C55493867 @default.
• W3122952004 hasConcept C556758197 @default.
• W3122952004 hasConcept C63479239 @default.
• W3122952004 hasConcept C71924100 @default.
• W3122952004 hasConcept C83873408 @default.
• W3122952004 hasConcept C94625758 @default.
• W3122952004 hasConceptScore W3122952004C104317684 @default.
• W3122952004 hasConceptScore W3122952004C126285488 @default.
• W3122952004 hasConceptScore W3122952004C126322002 @default.
• W3122952004 hasConceptScore W3122952004C139719470 @default.
• W3122952004 hasConceptScore W3122952004C144024400 @default.
• W3122952004 hasConceptScore W3122952004C149782125 @default.
• W3122952004 hasConceptScore W3122952004C162324750 @default.
• W3122952004 hasConceptScore W3122952004C175444787 @default.
• W3122952004 hasConceptScore W3122952004C17744445 @default.
• W3122952004 hasConceptScore W3122952004C185592680 @default.
• W3122952004 hasConceptScore W3122952004C199539241 @default.
• W3122952004 hasConceptScore W3122952004C27548731 @default.
• W3122952004 hasConceptScore W3122952004C2776318286 @default.
• W3122952004 hasConceptScore W3122952004C2781300812 @default.
• W3122952004 hasConceptScore W3122952004C30772137 @default.
• W3122952004 hasConceptScore W3122952004C36289849 @default.
• W3122952004 hasConceptScore W3122952004C489367 @default.
• W3122952004 hasConceptScore W3122952004C55493867 @default.
• W3122952004 hasConceptScore W3122952004C556758197 @default.
• W3122952004 hasConceptScore W3122952004C63479239 @default.
• W3122952004 hasConceptScore W3122952004C71924100 @default.
• W3122952004 hasConceptScore W3122952004C83873408 @default.
• W3122952004 hasConceptScore W3122952004C94625758 @default.
• W3122952004 hasLocation W31229520041 @default.
• W3122952004 hasLocation W31229520042 @default.
• W3122952004 hasOpenAccess W3122952004 @default.

• next