Title: How do Canadian hours worked respond to a technology shock?
Description: "This paper investigates the response of hours worked to a permanent technology shock.  Based on annual data from Canada, we argue that hours worked rise after a positive technology shock.  We obtain a similar result using annual data from the United States.  These results contradict a large literature that claims that a positive technology shock causes hours worked to fall.  We find that the different results are due to the literature making a specification error in the statistical model of per capital hours worked.  Finally, we present results that Canadian monetary policy has accommodated technology shocks"--Federal Reserve Board web site.
Subjects: Hours of labor
Places: Canada