Real Business Cycle Models: Past, Present and Future
Sergio T. Rebelo
Northwestern University - Kellogg School of Management; Centre for Economic Policy Research (CEPR); University of Rochester - Department of Economics; National Bureau of Economic Research (NBER)
CEPR Discussion Paper No. 5384
In this paper I review the contribution of real business cycles models to our understanding of economic fluctuations, and discuss open issues in business cycle research.
Number of Pages in PDF File: 41
Keywords: Business cycles, recessions, productivity
JEL Classification: E1, E3working papers series
Date posted: February 28, 2006
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