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Business Cycles: Theory, Evidence and Implications / Russell W. Cooper.
- Format:
- Book
- Author/Creator:
- Cooper, Russell W.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w5994.
- NBER working paper series no. w5994
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Business Cycles
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1997.
- Summary:
- This paper looks at recent advances in the study of aggregate fluctuations. Our emphasis is on three prominent areas of research: the stochastic growth model, economies which exhibit macroeconomic complementarities and models that emphasize heterogeneity. Each section of the paper outlines the theory, discusses relevant empirical evidence and then discusses some implications of the analysis.
- Notes:
- Print version record
- April 1997.
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