Similar Search Results

Real business cycle theory and the great depression : the abandonment of the abstentionist viewpoint

De Vroey, Michel (contributor); Pensieroso, Luca (contributor) - 2005

Persistent link: https://www.econbiz.de/10003295574

Real business cycle theory and the great depression : the abandonment of the abstentionist viewpoint

De Vroey, Michel (contributor); Pensieroso, Luca (contributor) - In: Contributions to macroeconomics 6 (2006) 1, pp. 1-26

Persistent link: https://www.econbiz.de/10003386054

Grounded in methodology, certified by journals : the rise and evolution of a mainstream in economics

De Vroey, Michel; Pensieroso, Luca - 2021

Persistent link: https://www.econbiz.de/10012623553

The rise of a mainstream in economics

De Vroey, Michel; Pensieroso, Luca - 2016

Persistent link: https://www.econbiz.de/10011701402

Real Business Cycle Theory and the Great Depression: The Abandonment of the Abstentionist Viewpoint

Vroey, Michel De; Pensieroso, Luca - In: Contributions to Macroeconomics 6 (2006) 1, pp. 1403-1403

Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Prescott took an abstentionist stance. They maintained that, because of its exceptional character, an explanation of the Great Depression was beyond the grasp of the equilibrium approach to the...

Persistent link: https://www.econbiz.de/10005046543