Real business-cycle theory. Wisdom or whimsy?

DOI10.1016/0165-1889(91)90035-YzbMath0729.90566OpenAlexW3021690302MaRDI QIDQ806713

Martin S. Eichenbaum

Publication date: 1991

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(91)90035-y

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Economic time series analysis (91B84) Economic growth models (91B62)

Related Items (8)

Modeling diverse expectations in an aggregated New Keynesian model ⋮ Likelihood ratio testing in linear state space models: an application to dynamic stochastic general equilibrium models ⋮ Unemployment and the business cycle in a small open economy ⋮ What do interest rates reveal about the functioning of real business cycle models ? ⋮ Seasonality and equilibrium business cycle theories ⋮ A method for taking models to the data ⋮ The role of expectations in economic fluctuations and the efficacy of monetary policy ⋮ Technology shocks and aggregate fluctuations in an estimated hybrid RBC model

Cites Work

• Large Sample Properties of Generalized Method of Moments Estimators
• Low frequency filtering and real business cycles
• Hours and employment variation in business cycle theory
• Technical progress and aggregate fluctuations
• Time to Build and Aggregate Fluctuations

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