Purpose – The purpose of this paper is to survey literature on macroeconomic nonlinear dynamics. Design/methodology/approach – The paper identifies five influential types of models where the possible generation of endogenous cycles and chaotic motion arises. First, the frameworks that make...

Provides an overview of the real business cycle research agenda, tackling the main theoretical and empirical issues. Concludes that although this methodological approach has been popular in terms of the number of papers published, it has not been completely convincing in providing a theory of...

Presents chapter IX of Lauchlin Currie's PhD thesis which discusses bank assets and the business cycle.