The Aggregate Implications of Regional Business Cycles
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https://www.nber.org/papers/w21956
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Making inferences about aggregate business cycles from regional variation alone is diffcult because of economic channels and shocks that differ between regional and aggregate economies. However, we argue that regional business cycles contain valuable information that can help discipline models of
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美国国家经济研究局创建时间：
2016-02-01
