This paper, in its exploratory nature, develops a descriptive empirical analysis which tries to capture the "regularities" underlying the relationship between the economy, fossil energy use and anthropogenic air pollutants at business cycle frequency. The analysis uses as framework the economy...

This paper studies the business cycle in Germany using the HP-filter (Hodrick/Prescott (1997)) to isolate the cyclical component. A two-country International Business Cycle model in line with Baxter/Crucini (1995) is built to explain these facts. The combination of GHH-preferences with taste...

A recent theoretical literature highlights the role of endogenous firm entry as an internal amplification mechanism of business cycle fluctuations. The amplification mechanism works through the competition and the variety effect. This paper tests the significance of this amplification mechanism,...