The Aggregate Implications of Regional Business Cycles

DOI10.3982/ECTA14243zbMath1448.91169OpenAlexW4214569686MaRDI QIDQ4971280

Martin Beraja, Erik Hurst, Juan Ospina

Publication date: 12 October 2020

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/ecta14243

zbMATH Keywords

regionalbusiness cyclesmonetary unionBayesian estimationPhillips curveNew Keynesianwage stickinesshousehold demandgreat recessionslow recovery

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Dynamic stochastic general equilibrium theory (91B51)

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