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Malley, J., and Muscatelli, A. (1997) Productivity shocks and employment: evidence from US industrial data. Economics Letters, 57 (1). pp. 97-105. ISSN 0165-1765 (doi:10.1016/S0165-1765(97)81885-X)
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Publisher's URL: http://dx.doi.org/10.1016/S0165-1765(97)81885-X
Abstract
This paper examines the effects of productivity shocks on US employment. We find strong evidence supporting the presence of ‘capitalization effects' following technology shocks. Our findings provide empirical verification for a growing theoretical literature on business cycle-employment interactions.
| Item Type: | Article |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s): | Malley, Prof James and Muscatelli, Prof Anton |
| Authors: | Malley, J., and Muscatelli, A. |
| College/School: | College of Social Sciences > Adam Smith Business School > Economics |
| Journal Name: | Economics Letters |
| Publisher: | Elsevier BV |
| ISSN: | 0165-1765 |
| ISSN (Online): | 1873-7374 |
| Published Online: | 13 July 1998 |
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