Harrison, Sharon G.; Weder, Mark - 2009
. In particular, we use a version of the real business cycle model to
test the hypothesis that an extraordinary pace of … economy sucessfully
replicates the boom years from
1922-1929.
JEL Classification: E32, N12.
Keywords: Real Business Cycles … history?
In this paper, we address this issue in the context of a neoclassical model of
the business cycle. In particular, we …