Real Business Cycles: A Reader

ISBN-13: 9780415165686 / Angielski / Twarda / 1998 / 684 str.

Kevin D. Salyer; James E. Hartley; Kevin D. Hoover

Opis

Real Business Cycle theory (RBC) combines the remains of monetarism with classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. The work contains articles introducing and extending the theory as well as critical literature. The introduction contains an expository summary and critical evaluation of RBC theory.

Spis treści

Part I Introduction Part II The foundations of real business cycle modeling Part III Some extensions Part IV The methodology of equilibrium business cycle models Part V The critique of calibration methods Part VI Testing the real business cycle model Part VII The Solow residual Part VIII Filtering and detrending

O autorze

James Hartley, Kevin Hoover, Kevin D. Salyer