Technology shocks, structural breaks and the effects on the business cycle

Vincenzo Atella, Marco Centoni () and Gianluca Cubadda

Economics Letters, 2008, vol. 100, issue 3, 392-395

Abstract: It is shown that time-series of US productivity and hours are apparently affected by a structural break in the late 60s. Moreover, the importance of technology shocks over the business cycle has sharply decreased after the break.

Date: 2008
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Related works:
Working Paper: Technology shocks, structural breaks and the effects on the business cycle (2007)
Working Paper: Technology shocks, structural breaks and the effects on the business cycle (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:100:y:2008:i:3:p:392-395

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