Title:Interpreting aggregate fluctuations looking at sectors Author(s):ACCONCIA, Antonio; SIMONELLI, SaverioDate:2008Citation:
- Journal of economic dynamics and control, 2008, Vol. 32, No. 9, pp. 3009-3031
Type:ArticleAbstract:A dynamic factor model is used to investigate on the variability in labor productivity and hours across the 2-digit US manufacturing industries. Two kind of shocks emerge as quantitatively relevant during the postwar period. ...