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Sources of Business Cycle Fluctuations

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NBER1988-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2589
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What shocks account for the business cycle frequency and long run movements of output and prices? This paper addresses this question using the identifying assumption that only supply shocks, such as shocks to technology, oil prices, and labor supply affect output in the long run. Real and monetary
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1988-05-01
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