Wen, Yi (contributor) - 2006
. and Y. Wen, 2004, Indeterminacy, aggregate demand, and the real business cycle,
Journal of Monetary Economics 51 (2004 … realistic business
cycles in RBC models. Although highly persistent demand shocks are necessary for generating
procyclical … Shocks; Hall�s Residual; Real Business Cycles; Crowding Out; Invest-
ment Dynamics.
JEL Classi�cation: E12, E13, E21, E22, E …