Showing 1 - 10 of 74
Persistent link: https://www.econbiz.de/10001965274
Persistent link: https://www.econbiz.de/10001986809
Persistent link: https://www.econbiz.de/10003342431
explained by the standard general equilibrium theory if consumption demand is treated as the primary source of aggregate …
Persistent link: https://www.econbiz.de/10002956729
"A defining feature of business cycles is the comovement of inputs at the sectoral level with aggregate activity. Standard models cannot account for this phenomenon. This paper develops and estimates a two-sector dynamic general equilibrium model which can account for this key regularity. My...
Persistent link: https://www.econbiz.de/10002977387
Persistent link: https://www.econbiz.de/10000358848
Persistent link: https://www.econbiz.de/10001378895
Persistent link: https://www.econbiz.de/10001965117
Persistent link: https://www.econbiz.de/10003344532
"Price rigidity is the key mechanism for propagating business cycles in traditional Keynesian theory. Yet the New …
Persistent link: https://www.econbiz.de/10002956723