Discussion of Campbell and Hercowitz s Home Equity and Wealth During the Transition to a High Debt Economy Erik Hurst November 2006 Overview Stylized Fact ...
Stochastic Capital Depreciation. and the Hours-Productivity Correlation ... variables with and without the four-period sojourn defines the impulse response ...
Two Questions on The Role Of Technology in the Business Cycle ... Corollary: the effects of technology shocks will depend on the monetary regime in place. ...
equipment to measure technological progress in capital goods production. ... The relative price of equipment goods in terms ... and Relative Price of Capital Goods ...
The Labor Market Effects of U.S. Immigration : What is the Latest Evidence? rn B. Bodvarsson St. Cloud State University St. Cloud, Minnesota & Institute for the ...
Micro Data For Macro Models Topic 3: More Home Production How Do Things Change With Home Production? Interpretation Home production makes work hours more elastic to ...