UNDERSTANDING REAL BUSINESS CYCLES

被引:176
作者
PLOSSER, CI [1 ]
机构
[1] UNIV ROCHESTER, DEPT ECON, ROCHESTER, NY 14627 USA
关键词
D O I
10.1257/jep.3.3.51
中图分类号
F [经济];
学科分类号
02 ;
摘要
This brief essay is intended to provide readers with an introduction to the real business cycle approach to business fluctuations. It discusses the basic real business cycle framework; economic growth and business cycles; real business cycles and the 1954-1985 U.S. economy; government policies and suboptimal equilibrium; and the real business cycle research agenda. An appendix presents a more technical summary of the basic neoclassical model presented in the paper.
引用
收藏
页码:51 / 77
页数:27
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