Title:The ins and outs of unemployment : an analysis conditional on technology shocks Author(s):CANOVA, Fabio; LOPEZ-SALIDO, David; MICHELACCI, ClaudioDate:2013Citation:
- The economic journal, 2013, Vol. 123, No. 569, pp. 515-539
Type:ArticleAbstract:We analyse how unemployment, job-finding and job-separation rates react to neutral and investment-specific technology shocks. Neutral shocks increase unemployment and explain a substantial portion of it volatility; ...