Semantic Scholar Open Access 1992 1872 sitasi

International Real Business Cycles

D. Backus P. Kehoe F. Kydland

Lihat Sumber DOI

Abstrak

We ask whether a two-country real business cycle model can account simultaneously for domestic and international aspects of business cycles. With this question in mind, we document a number of discrepancies between theory and data. The most striking discrepancy concerns the correlations of consumption and output across countries. In the data, outputs are generally more highly correlated across countries than consumptions. In the model we see the opposite.

Topik & Kata Kunci

Economics

Penulis (3)

D. Backus

P. Kehoe

F. Kydland

Format Sitasi

APA MLA BibTeX

Backus, D., Kehoe, P., Kydland, F. (1992). International Real Business Cycles. https://doi.org/10.1086/261838

Akses Cepat

Lihat di Sumber doi.org/10.1086/261838

Informasi Jurnal

Tahun Terbit: 1992
Bahasa: en
Total Sitasi: 1872×
Sumber Database: Semantic Scholar
DOI: 10.1086/261838
Akses: Open Access ✓