Discussion paper

DP5384 Real Business Cycle Models: Past, Present and Future

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.

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Citation

Rebelo, S (2005), ‘DP5384 Real Business Cycle Models: Past, Present and Future‘, CEPR Discussion Paper No. 5384. CEPR Press, Paris & London. https://cepr.org/publications/dp5384