1st Edition

Real Business Cycles A Reader

Edited By James Hartley, Kevin Hoover, Kevin D. Salyer Copyright 1998
684 Pages
by Routledge

684 Pages
by Routledge

684 Pages
by Routledge

Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents: * the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature * an extensive introduction which contains... Read more
Part I Introduction Part II The foundations of real business cycle modeling Part III Some extensions Part IV The methodology of equilibrium business cycle models Part V The critique of calibration methods Part VI Testing the real business cycle model Part VII The Solow residual Part VIII Filtering and detrending

Biography

James Hartley, Kevin Hoover, Kevin D. Salyer