TY - JOUR AU - Christiano,Lawrence J. AU - Eichenbaum,Martin AU - Vigfusson,Robert TI - The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology JF - National Bureau of Economic Research Working Paper Series VL - No. 10254 PY - 2004 Y2 - January 2004 UR - http://www.nber.org/papers/w10254 L1 - http://www.nber.org/papers/w10254.pdf N1 - Author contact info: Lawrence Christiano Department of Economics Northwestern University 2001 Sheridan Road Evanston, IL 60208 Tel: 847/491-8231 Fax: 847/491-7001 E-Mail: l-christiano@northwestern.edu Martin S. Eichenbaum Department of Economics Northwestern University 2003 Sheridan Road Evanston, IL 60208 Tel: 847/491-8232 Fax: 847/491-7001 E-Mail: eich@northwestern.edu Robert Vigfusson Federal Reserve Board Washington, DC 20551 E-Mail: robert.j.vigfusson@frb.gov AB - We investigate what happens to hours worked after a positive shock to technology, using the aggregate technology series computed in Basu, Fernald and Kimball (1999). We conclude that hours worked rise after such a shock. ER -