Real Business Cycle Theory

Real Business Cycle Theory

Fouad Sabry

Språken

FörlagOne Billion Knowledgeable

ISBN6610000550210

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What is Real Business Cycle Theory Real business-cycle theory is a class of new classical macroeconomics models in which business-cycle fluctuations are accounted for by real shocks. Unlike other leading theories of the business cycle, RBC theory sees business cycle fluctuations as the efficient re

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