Malley, J. and Muscatelli, V. A. (1997) Productivity shocks and employment: evidence from US industrial data. Economics Letters, 57(1), pp. 97-105. (doi: 10.1016/S0165-1765(97)81885-X)
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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: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Muscatelli, Professor Anton and Malley, Professor Jim |
| Authors: | Malley, J., and Muscatelli, V. A. |
| College/School: | College of Social Sciences > Adam Smith Business School > Economics |
| Journal Name: | Economics Letters |
| Publisher: | Elsevier |
| ISSN: | 0165-1765 |
| ISSN (Online): | 1873-7374 |
| Published Online: | 13 July 1998 |
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