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Business Cycles: Theory, Evidence and Implications

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NBER1997-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5994
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This paper looks at recent advances in the study of aggregate fluctuations. Our emphasis is on three prominent areas of research: the stochastic growth model, economies which exhibit macroeconomic complementarities and models that emphasize heterogeneity. Each section of the paper outlines the
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1997-04-01
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