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~institution:"National Bureau of Economic Research"
~language:"eng"
~person:"Hansen, Gary D."
~subject:"Business cycle theory"
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Neoclassical Models in Macroeconomics
Hansen, Gary D.
-
2016
1929 through 2014. We first filter macroeconomic time series into
business
cycle and long-run components, and show that the … long-run component is typically much larger than the
business
cycle component. We argue that this empirical feature is …
Persistent link: https://www.econbiz.de/10012456552
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