Why Is Productivity Procyclical? Why Do We Care?

Susanto Basu & John Fernald
Published Date
Copyright 2001
ISBN 978-0-226-36062-1
New Developments in Productivity Analysis
Book: New Developments in Productivity Analysis
Book editors: Charles R. Hulten, Edwin R. Dean & Michael J. Harper
PUBLISHER: University of Chicago Press
Series: Studies in Income and Wealth
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Published From Paper

Why Is Productivity Procyclical? Why Do We Care?
- Working Paper
Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical...

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