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Real Business Cycle Models: Past, Present, and Future

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  • S. REBELO.

Abstract

This paper reviews contribution of real business cycle models to our understanding of economic fluctuations and consequences of economic policy. The author pays special attention to technological shocks, discusses open issues in business cycle studies both in retrospect and future research.

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Article provided by N.P. Redaktsiya zhurnala "Voprosy Economiki" in its journal Voprosy Economiki.

Volume (Year): 10 (2010)
Issue (Month): ()
Pages:

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Handle: RePEc:nos:voprec:2010-10-4

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References

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