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Real Business Cycle Models: Past, Present and Future

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  • Rebelo, Sérgio

Abstract

In this paper I review the contribution of real business cycles models to our understanding of economic fluctuations, and discuss open issues in business cycle research.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 5384.

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Date of creation: Nov 2005
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Handle: RePEc:cpr:ceprdp:5384

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Keywords: business cycles; productivity; recessions;

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