Tuning in RBC Growth Spectra

Tuning in RBC Growth Spectra
For US postwar data, the paper explains central consumption, labor, investment and output correlations and volatilities along with output growth persistence by including a human capital investment sector and a variable physical capital utilization rate. Strong internal "amplication" results from an economy-wide productivity shock across goods... READ MORE...

Publication date: November 2016
ISBN 9781475552775
$18.00

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