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Research Details
Production, Growth and Business Cycles II: New Directions, Journal of Monetary Economics
Abstract
This paper outlines new directions for investigations of real business cycle models: consideration of stochastic growth of exogenous and endogenous forms, analysis of suboptimal outcomes arising due to externalities of distorting taxes, and implications of labor market heterogeneity.
Type
Article
Author(s)
Robert G. King, Charles I. Plosser, Sergio Rebelo
Date Published
1988
Citations
King, Robert G., Charles I. Plosser, and Sergio Rebelo. 1988. Production, Growth and Business Cycles II: New Directions. Journal of Monetary Economics. 21(2-3): 309-341.
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