This paper uses administrative labour market data from Czechia to investigate the heterogeneous effects of technology … shocks. Using a FAVAR, the shock is identified using medium run restrictions à la Uhlig (2004b). Workers on low wages reduce …

that apart from the safe asset hypothesis, there is an important role for technology shocks originating in US multinational … companies that have a strong foreign direct investment presence. It is shown that technology shocks that increase the market … significantly to the increase of the US current account deficit and its duration. Technology shocks have been neglected as a reason …

We document changes to the pattern of technology shocks and their propagation in post-war U.S. data. Using an agnostic … before and after the 1980s. In addition, the importance of technology shocks as a major driver of aggregate fluctuations has …

This paper uses administrative labour market data from Czechia to investigate the heterogeneous effects of technology … shocks. Using a FAVAR, the shock is identified using medium run restrictions à la Uhlig (2004b). Workers on low wages reduce …

that apart from the safe asset hypothesis, there is an important role for technology shocks originating in US multinational … companies that have a strong foreign direct investment presence. It is shown that technology shocks that increase the market … significantly to the increase of the US current account deficit and its duration. Technology shocks have been neglected as a reason …

We document changes to the pattern of technology shocks and their propagation in post-war U.S. data. Using an agnostic … before and after the 1980s. In addition, the importance of technology shocks as a major driver of aggregate fluctuations has …