skip to content
Learning by Doing and Aggregate Fluctuations Preview this item
ClosePreview this item
Checking...

Learning by Doing and Aggregate Fluctuations

Author: Russell W Cooper; Alok Johri
Publisher: Cambridge, Mass. National Bureau of Economic Research 1999.
Series: Working paper series (National Bureau of Economic Research), no. w6898.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
A major unresolved issue in business cycle theory is the construction of an endogenous propagation mechanism capable of capturing the amount of persistence displayed in the data. In this paper we explore the quantitative implications of one propagation mechanism: learning by doing. Estimation of the parameters characterizing learning by doing is based both on aggregate 2-digit data and plant level observations in  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Russell W Cooper; Alok Johri
OCLC Number: 1027348997
Notes: January 1999.
Description: 1 online resource.
Series Title: Working paper series (National Bureau of Economic Research), no. w6898.
Responsibility: Russell Cooper, Alok Johri.

Abstract:

A major unresolved issue in business cycle theory is the construction of an endogenous propagation mechanism capable of capturing the amount of persistence displayed in the data. In this paper we explore the quantitative implications of one propagation mechanism: learning by doing. Estimation of the parameters characterizing learning by doing is based both on aggregate 2-digit data and plant level observations in the US. The estimated learning by doing function is then integrated into a stochastic growth model in which fluctuations are driven by technology shocks. We conclude that learning by doing can be a powerful mechanism for generating endogenous persistence.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1027348997> # Learning by Doing and Aggregate Fluctuations
    a schema:CreativeWork, schema:MediaObject, schema:Book ;
    library:oclcnum "1027348997" ;
    library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/23715875#Place/cambridge_mass> ; # Cambridge, Mass.
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Place/united_states> ; # United States.
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/employees_training_of_united_states_econometric_models> ; # Employees--Training of--United States--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/competition_international_econometric_models> ; # Competition, International--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/business_cycles_econometric_models> ; # Business cycles--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/labor_productivity_econometric_models> ; # Labor productivity--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/business_cycles_united_states_econometric_models> ; # Business cycles--United States--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/organizational_learning_united_states_econometric_models> ; # Organizational learning--United States--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/employees_training_of_econometric_models> ; # Employees--Training of--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/23715875#Topic/labor_productivity_united_states_econometric_models> ; # Labor productivity--United States--Econometric models
    schema:bookFormat schema:EBook ;
    schema:contributor <http://experiment.worldcat.org/entity/work/data/23715875#Person/johri_alok> ; # Alok Johri
    schema:creator <http://experiment.worldcat.org/entity/work/data/23715875#Person/cooper_russell_w_1955> ; # Russell W. Cooper
    schema:datePublished "1999" ;
    schema:description "A major unresolved issue in business cycle theory is the construction of an endogenous propagation mechanism capable of capturing the amount of persistence displayed in the data. In this paper we explore the quantitative implications of one propagation mechanism: learning by doing. Estimation of the parameters characterizing learning by doing is based both on aggregate 2-digit data and plant level observations in the US. The estimated learning by doing function is then integrated into a stochastic growth model in which fluctuations are driven by technology shocks. We conclude that learning by doing can be a powerful mechanism for generating endogenous persistence."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/23715875> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/23715875#Series/nber_working_paper_series> ; # NBER working paper series
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/23715875#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
    schema:name "Learning by Doing and Aggregate Fluctuations"@en ;
    schema:productID "1027348997" ;
    schema:publication <http://www.worldcat.org/title/-/oclc/1027348997#PublicationEvent/cambridge_mass_national_bureau_of_economic_research1999> ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/23715875#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
    schema:url <http://papers.nber.org/papers/w6898> ;
    schema:url <http://www.nber.org/papers/w6898> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1027348997> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/23715875#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
    schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Person/cooper_russell_w_1955> # Russell W. Cooper
    a schema:Person ;
    schema:birthDate "1955" ;
    schema:familyName "Cooper" ;
    schema:givenName "Russell W." ;
    schema:name "Russell W. Cooper" ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Person/johri_alok> # Alok Johri
    a schema:Person ;
    schema:familyName "Johri" ;
    schema:givenName "Alok" ;
    schema:name "Alok Johri" ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Place/cambridge_mass> # Cambridge, Mass.
    a schema:Place ;
    schema:name "Cambridge, Mass." ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Place/united_states> # United States.
    a schema:Place ;
    schema:name "United States." ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Series/nber_working_paper_series> # NBER working paper series
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1027348997> ; # Learning by Doing and Aggregate Fluctuations
    schema:name "NBER working paper series" ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1027348997> ; # Learning by Doing and Aggregate Fluctuations
    schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/business_cycles_econometric_models> # Business cycles--Econometric models
    a schema:Intangible ;
    schema:name "Business cycles--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/business_cycles_united_states_econometric_models> # Business cycles--United States--Econometric models
    a schema:Intangible ;
    schema:name "Business cycles--United States--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/competition_international_econometric_models> # Competition, International--Econometric models
    a schema:Intangible ;
    schema:name "Competition, International--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/employees_training_of_econometric_models> # Employees--Training of--Econometric models
    a schema:Intangible ;
    schema:name "Employees--Training of--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/employees_training_of_united_states_econometric_models> # Employees--Training of--United States--Econometric models
    a schema:Intangible ;
    schema:name "Employees--Training of--United States--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/labor_productivity_econometric_models> # Labor productivity--Econometric models
    a schema:Intangible ;
    schema:name "Labor productivity--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/labor_productivity_united_states_econometric_models> # Labor productivity--United States--Econometric models
    a schema:Intangible ;
    schema:name "Labor productivity--United States--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/23715875#Topic/organizational_learning_united_states_econometric_models> # Organizational learning--United States--Econometric models
    a schema:Intangible ;
    schema:name "Organizational learning--United States--Econometric models"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.