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Some skeptical observations on real business cycle theory

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  • Lawrence H. Summers

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  • Lawrence H. Summers, 1986. "Some skeptical observations on real business cycle theory," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 10(Fall), pages 23-27.
  • Handle: RePEc:fip:fedmqr:y:1986:i:fall:p:23-27:n:v.10no.4
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    References listed on IDEAS

    as
    1. Fay, Jon A & Medoff, James L, 1985. "Labor and Output over the Business Cycle: Some Direct Evidence," American Economic Review, American Economic Association, vol. 75(4), pages 638-655, September.
    2. Mehra, Rajnish & Prescott, Edward C., 1985. "The equity premium: A puzzle," Journal of Monetary Economics, Elsevier, vol. 15(2), pages 145-161, March.
    3. Otto Eckstein & Allen Sinai, 1986. "The Mechanisms of the Business Cycle in the Postwar Era," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 39-122, National Bureau of Economic Research, Inc.
    4. Robert J. Barro & Robert G. King, 1984. "Time-Separable Preferences and Intertemporal-Substitution Models of Business Cycles," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(4), pages 817-839.
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    Keywords

    Business cycles;

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    1. Quantitative Macroeconomics and Real Business Cycles (QM&RBC)

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