Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122092606> ?p ?o ?g. }
Showing items 1 to 87 of
87
with 100 items per page.
- W3122092606 endingPage "1007" @default.
- W3122092606 startingPage "927" @default.
- W3122092606 abstract "The Real Business Cycle (RBC) research program has grown spectacularly over the last decade, as its concepts and methods have diffused into mainstream macroeconomics. Yet, there is increasing skepticism that technology shocks are a major source of business fluctuations. This chapter exposits the basic RBC model and shows that it requires large technology shocks to produce realistic business cycles. While Solow residuals are sufficiently volatile, these imply frequent technological regress. Productivity studies permitting unobserved factor variation find much smaller technology shocks, suggesting the imminent demise of real business cycles. However, we show that greater factor variation also dramatically amplifies shocks: a RBC model with varying capital utilization yields realistic business cycles from small, nonnegative changes in technology." @default.
- W3122092606 created "2021-02-01" @default.
- W3122092606 creator A5011312843 @default.
- W3122092606 creator A5041615721 @default.
- W3122092606 date "1999-01-01" @default.
- W3122092606 modified "2023-10-06" @default.
- W3122092606 title "Resuscitating real business cycles" @default.
- W3122092606 hasPublicationYear "1999" @default.
- W3122092606 type Work @default.
- W3122092606 sameAs 3122092606 @default.
- W3122092606 citedByCount "539" @default.
- W3122092606 countsByYear W31220926062012 @default.
- W3122092606 countsByYear W31220926062013 @default.
- W3122092606 countsByYear W31220926062014 @default.
- W3122092606 countsByYear W31220926062015 @default.
- W3122092606 countsByYear W31220926062016 @default.
- W3122092606 countsByYear W31220926062017 @default.
- W3122092606 countsByYear W31220926062018 @default.
- W3122092606 countsByYear W31220926062019 @default.
- W3122092606 countsByYear W31220926062020 @default.
- W3122092606 countsByYear W31220926062021 @default.
- W3122092606 crossrefType "posted-content" @default.
- W3122092606 hasAuthorship W3122092606A5011312843 @default.
- W3122092606 hasAuthorship W3122092606A5041615721 @default.
- W3122092606 hasConcept C111472728 @default.
- W3122092606 hasConcept C120009192 @default.
- W3122092606 hasConcept C138885662 @default.
- W3122092606 hasConcept C139719470 @default.
- W3122092606 hasConcept C149782125 @default.
- W3122092606 hasConcept C162324750 @default.
- W3122092606 hasConcept C166957645 @default.
- W3122092606 hasConcept C17744445 @default.
- W3122092606 hasConcept C18296254 @default.
- W3122092606 hasConcept C199539241 @default.
- W3122092606 hasConcept C204983608 @default.
- W3122092606 hasConcept C27206212 @default.
- W3122092606 hasConcept C2777617010 @default.
- W3122092606 hasConcept C2777720223 @default.
- W3122092606 hasConcept C83646750 @default.
- W3122092606 hasConcept C83873408 @default.
- W3122092606 hasConcept C95457728 @default.
- W3122092606 hasConceptScore W3122092606C111472728 @default.
- W3122092606 hasConceptScore W3122092606C120009192 @default.
- W3122092606 hasConceptScore W3122092606C138885662 @default.
- W3122092606 hasConceptScore W3122092606C139719470 @default.
- W3122092606 hasConceptScore W3122092606C149782125 @default.
- W3122092606 hasConceptScore W3122092606C162324750 @default.
- W3122092606 hasConceptScore W3122092606C166957645 @default.
- W3122092606 hasConceptScore W3122092606C17744445 @default.
- W3122092606 hasConceptScore W3122092606C18296254 @default.
- W3122092606 hasConceptScore W3122092606C199539241 @default.
- W3122092606 hasConceptScore W3122092606C204983608 @default.
- W3122092606 hasConceptScore W3122092606C27206212 @default.
- W3122092606 hasConceptScore W3122092606C2777617010 @default.
- W3122092606 hasConceptScore W3122092606C2777720223 @default.
- W3122092606 hasConceptScore W3122092606C83646750 @default.
- W3122092606 hasConceptScore W3122092606C83873408 @default.
- W3122092606 hasConceptScore W3122092606C95457728 @default.
- W3122092606 hasLocation W31220926061 @default.
- W3122092606 hasOpenAccess W3122092606 @default.
- W3122092606 hasPrimaryLocation W31220926061 @default.
- W3122092606 hasRelatedWork W1528221582 @default.
- W3122092606 hasRelatedWork W1589985602 @default.
- W3122092606 hasRelatedWork W1703197180 @default.
- W3122092606 hasRelatedWork W1976140283 @default.
- W3122092606 hasRelatedWork W2052489773 @default.
- W3122092606 hasRelatedWork W2112070030 @default.
- W3122092606 hasRelatedWork W2114514721 @default.
- W3122092606 hasRelatedWork W2114907228 @default.
- W3122092606 hasRelatedWork W2140898820 @default.
- W3122092606 hasRelatedWork W2144395073 @default.
- W3122092606 hasRelatedWork W2146207816 @default.
- W3122092606 hasRelatedWork W2224090338 @default.
- W3122092606 hasRelatedWork W3121293400 @default.
- W3122092606 hasRelatedWork W3121837500 @default.
- W3122092606 hasRelatedWork W3122991608 @default.
- W3122092606 hasRelatedWork W3123935426 @default.
- W3122092606 hasRelatedWork W3123970111 @default.
- W3122092606 hasRelatedWork W3124765495 @default.
- W3122092606 hasRelatedWork W3125135614 @default.
- W3122092606 hasRelatedWork W1995278743 @default.
- W3122092606 isParatext "false" @default.
- W3122092606 isRetracted "false" @default.
- W3122092606 magId "3122092606" @default.
- W3122092606 workType "article" @default.