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

Henin, Pierre-Yves

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.

Details

Published by: Springer

Publication Date: 1995-06-13

Format: Hardcover

ISBN-13: 9783540592297

DOI: 10.1007/978-3-642-57817-5

Dimensions: 235cm x155cm

Pages: 412