Advances in Business Cycle Research: With Application to the French and Us Economies - Hardback

Models derived from the Real Business Cycle perspective have recently taken a major place in business cycle research. The papers in this present volume bring three contributions to this research programme: A critical evaluation of the canonical RBC models, new elements of empirical relevance, based on comparative calibration and testing, and new specifications, at the frontier of business cycle research, coping with non walrasian features, contracts and nominal rigidities, unemployment and growth.

• | Author: Pierre-Yves Henin
• | Publisher: Springer
• | Publication Date: Jun 13, 1995
• | Number of Pages: 412 pages
• | Binding: Hardback or Cased Book
• | ISBN-10: 3540592296
• | ISBN-13: 9783540592297