Kozlovski, Oleg; Pintus, Patrick; Strien, Sebastien van; … - Département et Laboratoire d'Économie Théorique … - 2000
This paper is concerned with the subject of how the three main approaches to model aggregate fluctuations are related. That is, we are interested in the relation between real business cycle models, endogenous business cycle models and sunspot equilibria models. It is shown that there exists an...