Barthelemy, Jean; Marx, Magali; Poissonnier, Aurelien - 2010
total factor productivity and one on the inflation target of the central bank. To justify our choice of integrated trends … parameters, to prevent estimation biases. In our estimates, business cycle fluctuations are dominated by investment specific … fluctuations in DSGE models and show that productivity shocks drive fluctuations on a longer term. As a conclusion, we present our …