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Real Business Cycles with Capital Maintenance
Albonico, Alice; Kalyvitis, Sarantis; Pappa, Evi - 2011
We develop a stochastic general equilibrium model in which maintenance endogenously affects the capital depreciation … rate. The model performs well in generating maintenance series that match closely existing survey-based measures for Canada …. Maintenance is procyclical and comoves almost always with output. Investmentspecific shocks are the only disturbances that induce …
Persistent link: https://www.econbiz.de/10010343861
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Endogenous capital depreciation and technology shocks
Deli, Yota D. - In: Journal of international money and finance 69 (2016), pp. 318-338
Persistent link: https://www.econbiz.de/10011712038
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Polarized business cycles
Azzimonti, Marina; Talbert, Matthew - In: Journal of monetary economics 67 (2014), pp. 47-61
Persistent link: https://www.econbiz.de/10010510925
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Borrowing constraints and the trade balance-output comovement
Zhao, Yan - In: Economic modelling 32 (2013), pp. 34-41
Persistent link: https://www.econbiz.de/10009760802
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Cyclical properties of Spanish defence expenditure
Pérez-Forniés, Claudia; Cámara, Noelia; Gadea, … - In: Defence and peace economics 25 (2014) 1, pp. 7-22
Persistent link: https://www.econbiz.de/10010356325
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The equity premium in a small open economy and an application to Israel
Borenstein, Eliezer; Elkayam, David - In: Economic modelling 43 (2014), pp. 81-99
Persistent link: https://www.econbiz.de/10010502208
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Monetary aggregates in a real business cycle
Pelinescu, Elena; Bratu, Mihaela - 2016
Persistent link: https://www.econbiz.de/10013164471
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Monopoly power in the oil market and the macroeconomy
Branger, Nicole; Flacke, René Marian; Gräber, Nikolai - In: Energy economics 85 (2020), pp. 1-18
Persistent link: https://www.econbiz.de/10012509608
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SOE and Chinese real business cycle
Peng, Daoju; Shi, Kang; Xu, Juanyi; Zhou, Yue - In: Annals of economics and finance 21 (2020) 2, pp. 415-469
Persistent link: https://www.econbiz.de/10012647864
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Impact of real shocks on business cycles in selected Sub-Saharan African countries
Amu, Barnabas; Osabuohien, Evans; Alege, Philip; … - In: Cogent business & management 8 (2021) 1, pp. 1-18
This study examines business cycle fluctuations in selected Sub-Saharan African (SSA) countries. The study measures the impact of selected real shocks, namely: terms of trade shocks, commodity price shocks, and government spending shocks, on macroeconomic fluctuations in SSA. The impact of the...
Persistent link: https://www.econbiz.de/10012668468