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An exploration into Pigou's theory of cycles

Listed author(s):
  • Beaudry, Paul
  • Portier, Franck

The roles of "news shocks" in dynamic general equilibrium models have been highlighted since Beaudry and Portier (2004). In this paper, we explain how to use "news-shock subroutine for Prof. Uhlig's toolkit." This subroutine can make to calculate the responses to news-shock easily. Users of the toolkit by Professor Harald Uhlig can do the news-shock experiments with this subroutine.

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File URL: http://www.sciencedirect.com/science/article/pii/S0304-3932(04)00064-9
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Article provided by Elsevier in its journal Journal of Monetary Economics.

Volume (Year): 51 (2004)
Issue (Month): 6 (September)
Pages: 1183-1216

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Handle: RePEc:eee:moneco:v:51:y:2004:i:6:p:1183-1216
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505566

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