Aizcorbe, Ana; Oliner, Stephen D.; Sichel, Daniel E. - Federal Reserve Board (Board of Governors of the … - 2006
This paper examines three questions motivated by previous research on semiconductors and productivity growth: Why did semiconductor prices fall so rapidly in the second half of the 1990s, why has the rate of price decline slowed since 2001, and to what extent are these price swings associated...