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Original Articles

On the solution of the growth model with investment-specific technological change

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Pages 549-553 | Published online: 18 Jun 2007

References

  • Fernández-Villaerde , J and Rubio-Ramírez , JF . 2004 . Estimating macroeconomic models: a likelihood approach . Review of Economic Studies , forthcoming
  • Fisher , J . 1999 . The new view of growth and business cycles . Federal Reserve Bank of Chicago Economic Perspectives , 23 : 35 – 56 .
  • Fisher , J . 2003 . Technology shocks matter . mimeo , Federal Reserve Bank of Chicago
  • Greenwood , J , Hercowitz , Z and Krusell , P . 1997 . Long-run implications of investment-specific technological change . American Economic Review , 87 : 342 – 62 .
  • Greenwood , J , Hercowitz , Z and Krusell , P . 2000 . The role of investment-specific technological change in the business cycle . European Economic Review , 44 : 91 – 115 .
  • Krusell , P , Ohanian , LE , Ríos-Rull , JV and Violante , GL . 2000 . Capital-skill complementarity and inequality: a macroeconomic analysis . Econometrica , 68 : 1029 – 53 .

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