DP5384 Real Business Cycle Models: Past, Present and Future
| Author(s): | Sérgio Rebelo |
| Publication Date: | November 2005 |
| Keyword(s): | business cycles, productivity, recessions |
| JEL(s): | E1, E3 |
| Programme Areas: | International Macroeconomics |
| Link to this Page: | cepr.org/active/publications/discussion_papers/dp.php?dpno=5384 |
In this paper I review the contribution of real business cycles models to our understanding of economic fluctuations, and discuss open issues in business cycle research.