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This paper begins by re-examining the spectral properties of several cyclically sensitive variables such as hours worked, unemployment and capacity utilization. For each of these series, we document the presence of an important peak in the spectral density at a periodicity of approximately 36-40...
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authors apply their procedure to estimate the structural parameters of the neoclassical growth model …
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to estimate the structural parameters of the neoclassical growth model …
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, Goodwin showed that the equilibrium becomes unstable when endogenous productivity growth is considered. I study the …
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