Busato, Francesco (contributor); … - 2005
three main results. First, business cycle are mainly generated, in each sector, by
technology shocks (mainly described by …-durable good one.
Keywords: Long-run restrictions, sector-specific shocks, cross sector shocks, real business
cycle, United …. This is the standard Real Business Cycle (RBC) model (e.g.
Kydland and Prescott, 1982; Long and Plosser, 1983).
A …