A Primer on Real Business Cycles or the ABCs of RBCs

Recent research in business cycle theory has concentrated on real rather than monetary factors as the primary cause in explaining fluctuations in economic activity. This article discusses the evolution of real business cycle theory, presents in nonmathematical terms the basic model and several exten...

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Bibliographic Details
Published in:Business economics : the journal of the National Association of Business Economists, Vol. 25, No. 3 (1990), p. 14-22
Main Author: Rush, Mark
Format: electronic Article
Language:English
ISSN:1554-432X
Item Description:Copyright: COPYRIGHT 1990 THE NATIONAL ASSOCIATION OF BUSINESS ECONOMISTS
Physical Description:Online-Ressource
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