Gunn, Christopher M.; Johri, Alok - 2009
://www.mcmaster.ca/economics/
News and knowledge capital
Christopher M. Gunn 1
Department of Economics,
McMaster University,
1280 Main Street West …
We explore the ability of a model with knowledge capital to generate business
cycles driven by expectations of future …, output and hours-worked all rise in advance of any actual move-
ment in TFP. We model knowledge capital as an input into …