Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2004
important economic phenomena over the
last two decades in terms of understanding how business cycle volatility and long … the industry level) and industry-specific shocks are important
in driving business cycles, it could lead to an increase …, Banerjee, and Piketty (1999)). Results from dynamic
stochastic general equilibrium business cycle models suggest that …