Showing 131 - 140 of 634,078
Persistent link: https://www.econbiz.de/10000144580
Persistent link: https://www.econbiz.de/10000657500
quantitative equilibrium business cycle theory. A stochastic growth model with money is constructed that has the feature, following …
Persistent link: https://www.econbiz.de/10009698207
Persistent link: https://www.econbiz.de/10009761572
This paper points out an empirical failing of real business cycle models in which unemployment is endogenized through a matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model as it is in the data, or to make the response of...
Persistent link: https://www.econbiz.de/10011509369
Persistent link: https://www.econbiz.de/10001371702
Persistent link: https://www.econbiz.de/10001350804
Persistent link: https://www.econbiz.de/10001742266
Persistent link: https://www.econbiz.de/10001528348