Advances in Business Cycle Research With Application to the French and US Economies
Description
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.
Keywords
Business & EconomicsEconometricsEconomicsTheory
1995Book
Author(s)Pierre-Yves Henin
PublisherSpringer Science & Business Media
ISBN9783540592297
LanguageEnglish
