What (really) accounts for the fall in hours after a technology shock? / prepared by Nooman Rebei.

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 busine...

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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Author:	Rebei, Nooman, 1972- (Author)
Corporate Author:	International Monetary Fund. Institute for Capacity Development
Format:	eBook
Language:	English
Published:	[Washington, D.C.] : International Monetary Fund, ©2012.
Series:	IMF working paper ; WP/12/211.
Subjects:	Prices > Econometric models. Business cycles > Econometric models.