2006
DOI: 10.1016/j.jmoneco.2005.07.018
|View full text |Cite
|
Sign up to set email alerts
|

Did sunspot forces cause the Great Depression?

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

1
49
0
1

Year Published

2008
2008
2021
2021

Publication Types

Select...
8
1

Relationship

0
9

Authors

Journals

citations
Cited by 62 publications
(51 citation statements)
references
References 18 publications
1
49
0
1
Order By: Relevance
“…On the basis of these, it seems safe to conclude that new technology titles drawn from the MARC records of the LOC do offer reliable indicators of innovative activity in the U.S. in the first half of the twentieth century. 22 And, of course, they have advantages that the other measures lack. The next step is to determine the extent to which productivity improvements and growth in per capita GNP during this period were driven by innovative activity during this period.…”
Section: Iic Old and New Indicators Comparedmentioning
confidence: 99%
“…On the basis of these, it seems safe to conclude that new technology titles drawn from the MARC records of the LOC do offer reliable indicators of innovative activity in the U.S. in the first half of the twentieth century. 22 And, of course, they have advantages that the other measures lack. The next step is to determine the extent to which productivity improvements and growth in per capita GNP during this period were driven by innovative activity during this period.…”
Section: Iic Old and New Indicators Comparedmentioning
confidence: 99%
“…38 Here we do not consider the recent literature that uses measures of optimism to examine whether perceptions may be important in fluctuations (see for example Farmer and Guo [1995], Carrol [2003], Harrison and Weder [2006] Barsky and Sims [2010] and Leduc and Sill [2010] Beaudry and Portier [2007] and Schmitt-Grohé and Uribe [2008] among others. An important difference between this literature and the current paper is that this literature does not generally try to offer a unified explanation to how perception changes and government spending may induce macroeconomic co-movements.…”
Section: Resultsmentioning
confidence: 99%
“…11 In addition, as argued by Corrado and Mattey (1997) and Burnside, Eichenbaum, and Rebelo (1995), capacity utilization seems to have pronounced cyclical variability. While Kydland and Prescott (1988) and Ambler and Paquet (1994) introduced respectively stochastic capital utilization and depreciation rate, other authors (as Wen (1998) and Harrison and Weder (2002)) extend the RBC models assuming capacity utilization to be a convex, increasing function of the depreciation rate.More recently, some macro models have employed adjustment costs proportional to the growth rate of investment (Christiano, Eichenbaum, and Evans (2005)). …”
Section: Measurement Error Depreciation and Capital Utilizationmentioning
confidence: 99%