A Plucking Model of Business Cycles
收藏NBER2019-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26351
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资源简介：
In standard models, economic activity fluctuates symmetrically around a natural rate and stabilization policies can dampen these fluctuations but do not affect the average level of activity. An alternative viewlabeled the plucking model by Milton Friedmanis that economic fluctuations are drops below
提供机构：
美国国家经济研究局
创建时间：
2019-10-01
