What (really) accounts for the fall in hours after a technology shock? /
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...
[Washington, D.C.] :
International Monetary Fund,
|Series:||IMF working paper ;