Production, growth and business cycles: II. New directions

作者: Robert G. King , Charles I. Plosser , Sergio T. Rebelo

DOI: 10.1016/0304-3932(88)90034-7

关键词:

摘要: Abstract This paper outlines new directions for investigations of real business cycle models: consideration stochastic growth exogenous and endogenous forms, analysis suboptimal outcomes arising due to externalities distorting taxes, implications labor market heterogeneity.

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