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Evolution of Modern Business Cycle Models: Accounting for the Great Recession

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NBER2018-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24741
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资源简介:
Modern business cycle theory focuses on the study of dynamic stochastic general equilibrium models that generate aggregate fluctuations similar to those experienced by actual economies. We discuss how this theory has evolved from its roots in the early real business cycle models of the late 1970s
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2018-06-01
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