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

被引：1
|
作者：
Atella, Vincenzo [1 ,2 ]
Centoni, Marco [3 ]
Cubadda, Gianluca [1 ,2 ]
机构：
[1] Univ Roma Tor Vergata, Dipartimento SEFEMEQ, I-00133 Rome, Italy
[2] Univ Roma Tor Vergata, CEIS, I-00133 Rome, Italy
[3] Univ Molise, Dipartimento SEGES, Campobasso, Italy
来源：
ECONOMICS LETTERS | 2008年 / 100卷 / 03期
关键词：
business cycle; technology shocks; structural breaks;
D O I：
10.1016/j.econlet.2008.03.011
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (C) 2008 Elsevier B.V. All rights reserved.
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页码：392 / 395
页数：4
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