Malley, James R.; Woitek, Ulrich - 2009
: Real Business Cycle, Bayesian estimation, VARMA errors
JEL codes: C11, C52, E32
∗We would like to thank seminar … that, while technology shocks almost certainly play
some role in generating the business cycle, there is an enormous amount … related studies in the
business cycle literature is that a plausible case can be made that in the
US data, technology shocks …