The Dynamic Relationship between Permanent and Transitory Components of U.S. Business Cycles
β Scribed by CHANG-JIN KIM; JEREMY M. PIGER; RICHARD STARTZ
- Book ID
- 110736001
- Publisher
- John Wiley and Sons
- Year
- 2007
- Tongue
- English
- Weight
- 639 KB
- Volume
- 39
- Category
- Article
- ISSN
- 0022-2879
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
The goal of this paper is to examine the relative importance of permanent and transitory shocks in explaining variations in macroeconomic aggregates for the UK at business cycle horizons. Using the common trend-common cycle restrictions, we estimate a variance decomposition of shocks, and find that
## Abstract Although much attention is given to HRD in firms of Fortune 500 size, little is known about the extent of workplace learning in small to midsize businesses. Yet small businesses are playing an increasingly important role in the world economy and are critical to the wellβbeing of the U.S