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Technology / Productivity / Total factor productivity / Economic growth / Solow residual / Real business cycle theory / Production function / Business cycle / Factors of production / Macroeconomics / Economics / Business


Are Technology Improvements Contractionary? By SUSANTO BASU, JOHN G. FERNALD, AND MILES S. KIMBALL*
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Document Date: 2013-10-21 06:50:53

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City

BASU ET / /

Company

B. Measuring Industry-Level Capital / Nondurables Manufacturing / Durables Manufacturing / Chemicals (28) Petroleum / /

Country

United States / /

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Facility

Robert E. Hall / Following Hall / Boston College / Harvard Institute of Economic Research Discussion Paper No. / University of Michigan / /

IndustryTerm

estimated technology rises / measure industry technology change / capital services / heavy equipment / technology controls / nondurable manufacturing / technology change dzi / purified technology series / estimated technology / countercyclical purified technology / grossoutput technology shocks / machinery / electric utilities / technology improvements / purified technology / finance / oil / marginal product / durable and nondurable manufacturing / aggregate technology / disaggregated technology change / higher marginal product / energy / metal / real estate / plastics / electricity use might proxy / manufacturing industries / Technology shocks / oil price increases / technology improvement / bank / industry technology change / estimated technology series / estimated aggregate technology / sectoral and aggregate technology change / industry-level technology change / aggregate technology change / manufacturing / durable manufacturing / e-aer / oil prices / technology change / unit-root technology shocks / chemicals / technology falls / /

Organization

Department of Economics / National Science Foundation / University of Michigan / National Bureau of Economic Research / Boston College / Federal Reserve Bank of San Francisco / Alfred P. Sloan Foundation / Harvard Institute of Economic Research Discussion Paper / US Federal Reserve / /

Person

David Altig / Raf Wouters / Danny Quah / Frank Smets / Jonas Fisher / Robert Solow / Christopher J. Erceg / Joseph Mattey / Takuji Kawamoto / Robert Barsky / Shanthi Ramnath / Christopher Foote / Andrew Levin / Robert King / Jon Faust / Stephanie Wang / Ai / Shinichi Sakata / Trygve Haavelmo / Jordi Galı / Robert M. Solow / SUSANTO BASU / Alfred W. Flux / MILES S. KIMBALL / Zvi Griliches / Valerie A. Ramey / Dale Henderson / Jeffrey Campbell / Robert Hall / Francis / Jonathan Parker / Russell Cooper / Matthew Shapiro / Lutz Kilian / Charles Evans / Mark Dwyer / David Thipphavong / Robert G. King / John Shea / Chin Te Liu / Craig Burnside / Michael Kiley / Sergio T. Rebelo / Harald Uhlig / Jeffrey Wooldridge / Serena Ng / Andrew McCallum / Martin Eichenbaum / Dale Jorgenson / Olivier J. Blanchard / Matthew D. Shapiro / Lawrence J. Christiano / JOHN G. FERNALD / Eric M. Leeper / Jonathan Wright / Mark W. Watson / J. Joseph Beaulieu / Barbara Fraumeni / /

Position

Prime Minister / sticky-price model / technology improvements / representative / King / /

Product

Donald Andrews / /

PublishedMedium

THE AMERICAN ECONOMIC REVIEW / /

Technology

AV / When technology / estimated aggregate technology / countercyclical purified technology / 2006 AND TECHNOLOGY / /

URL

http /

SocialTag