DiCecio, Riccardo (contributor) - 2005
"A defining feature of business cycles is the comovement of inputs at the sectoral level with aggregate activity … nominal wages.
Key words: comovement; business cycles; sticky wages
JEL classi�cation: E20, E32, O41, O42
E-mail: dicecio …�nition endorsed by Gordon (1986).5 Lucas (1977), Long and Plosser
(1983), and Christiano and Fitzgerald (1998) de�ne business cycles …