Narrow search
Showing 1 - 10 of 3,812
Cover Image
The great demand depression
Weder, Mark - 2001
Persistent link: https://www.econbiz.de/10013423649
Cover Image
Noisy Business Cycles
Angeletos, George-Marios - 2009
This paper investigates a real-business-cycle economy that features dispersed information about the underlying aggregate productivity shocks, taste shocks, and, potentially, shocks to monopoly power. We show how the dispersion of information can (i) contribute to significant inertia in the...
Persistent link: https://www.econbiz.de/10012463667
Cover Image
Equity returns and business cycles in small open economies
Jahan-Parvar, Mohammad R.; Liu, Xuan; Rothman, Philip - In: Journal of money, credit and banking : JMCB 45 (2013) 6, pp. 1117-1146
Persistent link: https://www.econbiz.de/10010197527
Cover Image
Did you know that monetary disturbances matter for business cycles fluctuations? : evidence from the G-7 countries
Canova, Fabio; De Nicolò, Gianni - 1998
Persistent link: https://www.econbiz.de/10000684165
Cover Image
Technology, Employment, and the Business Cycle : Do Technology Shocks Explain Aggregate Fluctuations
Gali, Jordi - 1996
positive technology shock, and (c) measured productivity increases temporarily in response to a positive demand shock. More …
Persistent link: https://www.econbiz.de/10012473117
Cover Image
Factor Hoarding and the Propagation of Business Cycles Shocks
Burnside, Craig - 1994
This paper analyzes the role of variable capital utilization rates in propagating shocks over the business cycle. To this end we formulate and estimate an equilibrium business cycle model in which cyclical capital utilization rates are viewed as a form of factor hoarding. We find that variable...
Persistent link: https://www.econbiz.de/10012474257
Cover Image
Optimal Fiscal Policy in a Business Cycle Model
Chari, V. V. - 1993
This paper develops the quantitative implications of optimal fiscal policy in a business cycle model. In a stationary equilibrium the ex ante tax rate on capital income is approximately zero. There is an equivalence class of ex post capital income tax rates and bond policies that support a given...
Persistent link: https://www.econbiz.de/10012474455
Cover Image
Real Business Cycles : A New Keynesian Perspective
Mankiw, N. Gregory - 1989
This paper is a critique of the latest new classical theory of economic fluctuations. According to this theory, the …. This paper discusses several versions of this theory and argues that this line of research is unlikely to yield an …
Persistent link: https://www.econbiz.de/10012476172
Cover Image
Real Business Cycles in Emerging Countries?
García-Cicco, Javier - 2006
We use more than one century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job at explaining business cycles in emerging countries. We then...
Persistent link: https://www.econbiz.de/10012466032
Cover Image
Assessing Structural VARs
Christiano, Lawrence J. - 2006
This paper analyzes the quality of VAR-based procedures for estimating the response of the economy to a shock. We focus … question that has attracted a great deal of attention in the literature: How do hours worked respond to an identified shock? In … all of our examples, as long as the variance in hours worked due to a given shock is above the remarkably low number of 1 …
Persistent link: https://www.econbiz.de/10012466312