; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Hours and Employment Variation in Business Cycle Theory"; ; "batchuser@example.com"; "Prescott, Edward C.", "Kydland, Finn E."; "Federal Reserve Bank of Minneapolis"; "E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity", "E32 - Business Fluctuations; Cycles", "J20 - Demand and Supply of Labor: General"; "Previous business cycle models have made the assumption that all the variation in the labor input is either due to changes in hours per worker or changes in number of workers, but not both. In this paper, both vary. We think this a better model for estimating the contribution of Solow technology shocks to aggregate fluctuations. We find that about 70 percent of U.S. postwar cyclical fluctuations are induced by variations in the Solow technology parameter."^^; "1989-08-01"; "2019-05-21T19:38:08.562201366+00:00"^^; "https://doi.org/10.21034/dp.17"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:47:41 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "628", "433"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "017"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published in: _Economic Theory_ (Vol. 1, No. 1, March 1991, pp. 63-81) https://doi.org/10.1007/BF01210574."^^; ; "Publication" . ; .