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Modern Business Cycle Analysis

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Abstract

A discussion of the importance for economics of Kydland and Prescott's (1982) classic "Time to Build and Aggregate Fluctuations". A report submitted to The Royal Swedish Academy of Sciences in support of the The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for Finn E. Kydland and Edward C. Prescott.

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File URL: http://rcer.econ.rochester.edu/RCERPAPERS/rcer_520.pdf
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Bibliographic Info

Paper provided by University of Rochester - Center for Economic Research (RCER) in its series RCER Working Papers with number 520.

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Length: 22 pages
Date of creation: Jul 2005
Date of revision:
Handle: RePEc:roc:rocher:520

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Postal: University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A.

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Keywords: Kydland and Prescott (1982); Business Cycle Analysis; Quantitative Theory; Nobel Prize in Economics;

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References

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  1. David K. Backus & Patrick J. Kehoe & Finn E. Kydland, 1987. "International real business cycles," Working Papers 426, Federal Reserve Bank of Minneapolis.
  2. Robert J. Barro & Zvi Hercowitz, 1979. "Money Stock Revisions and Unanticipated Money Growth," NBER Working Papers 0329, National Bureau of Economic Research, Inc.
  3. Ahmed, Shaghil, 1987. "Wage stickiness and the non-neutrality of money : A cross-industry analysis," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 25-50, July.
  4. V. V. Chari & Patrick J Kehoe, 1998. "Sustainable Plans," Levine's Working Paper Archive 600, David K. Levine.
  5. Brock, William A. & Mirman, Leonard J., 1972. "Optimal economic growth and uncertainty: The discounted case," Journal of Economic Theory, Elsevier, vol. 4(3), pages 479-513, June.
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Cited by:
  1. Michel DE VROEY & Pierre MALGRANGE, 2011. "The History of Macroeconomics from Keynes’s General Theory to the Present," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2011028, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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