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Advances in Business Cycle Research: With Application to the French and Us Economies

Advances in Business Cycle Research: With Application to the French and Us Economies

Paperback

Economics

ISBN10: 364263365X
ISBN13: 9783642633652
Publisher: Springer Nature
Published: Sep 27 2012
Pages: 412
Weight: 1.33
Height: 0.88 Width: 6.14 Depth: 9.21
Language: English
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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