Hayashi, Fumio; Prescott, Edward C. - 2000 - [Elektronische Ressource]
intermediation. These hypotheses, while possibly
relevant for business cycles, do not seem capable of accounting for the chronic …
students of business cycles use to study business cycles and students of public finance use to
evaluate tax policies. The … period-budget constraint of the household, which owns the capital and rents it to the
business sector, is
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