Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123321828> ?p ?o ?g. }
Showing items 1 to 82 of
82
with 100 items per page.
- W3123321828 abstract "This paper constructs several models in which, unlike the standard neoclassical growth model, positive news about future technology generates an increase in current consumption, hours and investment. These models are said to exhibit procyclical news shocks. We find that all models that exhibit procyclical news shocks in our paper have two commonalities. There are mechanisms to ensure that: (I) consumption does not crowd out investment, or vice versa; (II) the benefit of forgoing leisure in response to news shocks outweighs the cost. Among the models we consider, we believe, one model holds the greatest potential for explaining procyclical news shocks. Its critical assumption is that news of the future technology also illuminates the nature of this technology. This illumination in turn permits economic actors to invest in capital that is forward-compatible, i.e. adapted to the new technology. On the technical side, our paper reintroduces the Laplace transform as a tool for studying dynamic economies analytically. Using Laplace transforms we are able to study and prove results about the full dynamics of the model in response to news shocks." @default.
- W3123321828 created "2021-02-01" @default.
- W3123321828 creator A5063052361 @default.
- W3123321828 creator A5090728660 @default.
- W3123321828 date "2013-01-01" @default.
- W3123321828 modified "2023-10-15" @default.
- W3123321828 title "The Analytics of Technology News Shocks" @default.
- W3123321828 doi "https://doi.org/10.20955/wp.2013.036" @default.
- W3123321828 hasPublicationYear "2013" @default.
- W3123321828 type Work @default.
- W3123321828 sameAs 3123321828 @default.
- W3123321828 citedByCount "1" @default.
- W3123321828 countsByYear W31233218282015 @default.
- W3123321828 crossrefType "report" @default.
- W3123321828 hasAuthorship W3123321828A5063052361 @default.
- W3123321828 hasAuthorship W3123321828A5090728660 @default.
- W3123321828 hasBestOaLocation W31233218281 @default.
- W3123321828 hasConcept C139719470 @default.
- W3123321828 hasConcept C144024400 @default.
- W3123321828 hasConcept C149782125 @default.
- W3123321828 hasConcept C162324750 @default.
- W3123321828 hasConcept C166957645 @default.
- W3123321828 hasConcept C175444787 @default.
- W3123321828 hasConcept C17744445 @default.
- W3123321828 hasConcept C199539241 @default.
- W3123321828 hasConcept C2522767166 @default.
- W3123321828 hasConcept C27548731 @default.
- W3123321828 hasConcept C30772137 @default.
- W3123321828 hasConcept C36289849 @default.
- W3123321828 hasConcept C41008148 @default.
- W3123321828 hasConcept C556758197 @default.
- W3123321828 hasConcept C79158427 @default.
- W3123321828 hasConcept C83646750 @default.
- W3123321828 hasConcept C94625758 @default.
- W3123321828 hasConcept C95457728 @default.
- W3123321828 hasConceptScore W3123321828C139719470 @default.
- W3123321828 hasConceptScore W3123321828C144024400 @default.
- W3123321828 hasConceptScore W3123321828C149782125 @default.
- W3123321828 hasConceptScore W3123321828C162324750 @default.
- W3123321828 hasConceptScore W3123321828C166957645 @default.
- W3123321828 hasConceptScore W3123321828C175444787 @default.
- W3123321828 hasConceptScore W3123321828C17744445 @default.
- W3123321828 hasConceptScore W3123321828C199539241 @default.
- W3123321828 hasConceptScore W3123321828C2522767166 @default.
- W3123321828 hasConceptScore W3123321828C27548731 @default.
- W3123321828 hasConceptScore W3123321828C30772137 @default.
- W3123321828 hasConceptScore W3123321828C36289849 @default.
- W3123321828 hasConceptScore W3123321828C41008148 @default.
- W3123321828 hasConceptScore W3123321828C556758197 @default.
- W3123321828 hasConceptScore W3123321828C79158427 @default.
- W3123321828 hasConceptScore W3123321828C83646750 @default.
- W3123321828 hasConceptScore W3123321828C94625758 @default.
- W3123321828 hasConceptScore W3123321828C95457728 @default.
- W3123321828 hasLocation W31233218281 @default.
- W3123321828 hasLocation W31233218282 @default.
- W3123321828 hasLocation W31233218283 @default.
- W3123321828 hasOpenAccess W3123321828 @default.
- W3123321828 hasPrimaryLocation W31233218281 @default.
- W3123321828 hasRelatedWork W1492832882 @default.
- W3123321828 hasRelatedWork W1510188927 @default.
- W3123321828 hasRelatedWork W1527381569 @default.
- W3123321828 hasRelatedWork W2000894765 @default.
- W3123321828 hasRelatedWork W2012693113 @default.
- W3123321828 hasRelatedWork W2098913855 @default.
- W3123321828 hasRelatedWork W2138518971 @default.
- W3123321828 hasRelatedWork W2193669204 @default.
- W3123321828 hasRelatedWork W2247695059 @default.
- W3123321828 hasRelatedWork W2266649922 @default.
- W3123321828 hasRelatedWork W2899518438 @default.
- W3123321828 hasRelatedWork W2903421091 @default.
- W3123321828 hasRelatedWork W2994405132 @default.
- W3123321828 hasRelatedWork W3121762076 @default.
- W3123321828 hasRelatedWork W3122107309 @default.
- W3123321828 hasRelatedWork W3124076535 @default.
- W3123321828 hasRelatedWork W3137026673 @default.
- W3123321828 hasRelatedWork W3145915004 @default.
- W3123321828 hasRelatedWork W3186232720 @default.
- W3123321828 hasRelatedWork W2188271614 @default.
- W3123321828 isParatext "false" @default.
- W3123321828 isRetracted "false" @default.
- W3123321828 magId "3123321828" @default.
- W3123321828 workType "report" @default.