Real Business Cycle Models: Past, Present and Future

41 Pages Posted: 28 Feb 2006

See all articles by Sergio T. Rebelo

Sergio T. Rebelo

Northwestern University - Kellogg School of Management; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

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Date Written: November 2005

Abstract

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.

Keywords: Business cycles, recessions, productivity

JEL Classification: E1, E3

Suggested Citation

Tavares Rebelo, Sergio, Real Business Cycle Models: Past, Present and Future (November 2005). CEPR Discussion Paper No. 5384, Available at SSRN: https://ssrn.com/abstract=887385

Sergio Tavares Rebelo (Contact Author)

Northwestern University - Kellogg School of Management ( email )

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Centre for Economic Policy Research (CEPR)

London
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National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
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