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Advances in Business Cycle Research - With Application to the French and US Economies (Hardcover, 1995 ed.)
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Advances in Business Cycle Research - With Application to the French and US Economies (Hardcover, 1995 ed.)
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Models derived from the Real Business Cycle perspective have
recently taken a major place in business cycle research. The papers
in this present volume bring three contributions to this research
programme: A critical evaluation of the canonical RBC models, new
elements of empirical relevance, based on comparative calibration
and testing, and new specifications, at the frontier of business
cycle research, coping with non walrasian features, contracts and
nominal rigidities, unemployment and growth.
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