Andrew T Foerster
Biographic Data
| ID | 5867796 |
|---|---|
| NAME | Andrew T Foerster |
| GIVEN NAMES | Andrew T |
| FAMILY NAME | Foerster |
| SIGNATURE | FOERSTER A T |
| AFFILIATIONS | Federal Reserve Bank of San Francisco |
| ORCID | 0000-0001-7831-7276 |
| VERIFIED | Yes |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 9 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2011 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 1 |
Aggregate Implications of Changing Sectoral Trends
We describe how capital accumulation and the network structure of US production interact to amplify the effects of sectoral trend growth rates in total factor productivity and labor on trend GDP (gross domestic product) growth. We derive expressions that conveniently summarize this long-run amplification effect by way of sectoral multipliers. We estimate that sector-specific factors have historically accounted for approximately three-fourths of l…
Sectoral versus Aggregate Shocks
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is associated with common factors. We then use a multisector growth model to adjust for the effects of input-output linkages in the factor analysis. Thus, a structural factor analysis indicates that the Great Moderation was characterized by a fall in th…
Sectoral versus Aggregate Shocks
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is associated with common factors. We then use a multisector growth model to adjust for the effects of input-output linkages in the factor analysis. Thus, a structural factor analysis indicates that the Great Moderation was characterized by a fall in th…
Aggregate Implications of Changing Sectoral Trends
We describe how capital accumulation and the network structure of US production interact to amplify the effects of sectoral trend growth rates in total factor productivity and labor on trend GDP (gross domestic product) growth. We derive expressions that conveniently summarize this long-run amplification effect by way of sectoral multipliers. We estimate that sector-specific factors have historically accounted for approximately three-fourths of l…
Sectoral versus Aggregate Shocks
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is associated with common factors. We then use a multisector growth model to adjust for the effects of input-output linkages in the factor analysis. Thus, a structural factor analysis indicates that the Great Moderation was characterized by a fall in th…
Aggregate Implications of Changing Sectoral Trends
We describe how capital accumulation and the network structure of US production interact to amplify the effects of sectoral trend growth rates in total factor productivity and labor on trend GDP (gross domestic product) growth. We derive expressions that conveniently summarize this long-run amplification effect by way of sectoral multipliers. We estimate that sector-specific factors have historically accounted for approximately three-fourths of l…
Aggregate (composite (2 works) · Econometrics (2 works) · Economic Growth and Productivity (2 works) · Economics (2 works) · Macroeconomics (2 works) · Monetary economics (2 works) · Monetary Policy and Economic Impact (2 works) · Production (economics (2 works) · Agricultural economics (1 work) · Capital (architecture (1 work)