Business Cycles Analysis: A Model to Study the Fluctuations of Output Around the Steady State Macroeconomic Theme: 11.

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Presentation transcript:

Business Cycles Analysis: A Model to Study the Fluctuations of Output Around the Steady State Macroeconomic Theme: 11

Steady State and Transitional Dynamics Macroeconomic Theme: 11

Solution for the Transition Path Macroeconomic Theme: 11

A Numerical Example for Complementary Solution Macroeconomic Theme: 11

Complete Time Path for Income Macroeconomic Theme: 11

Real Business Cycle Model Impact of Productivity Shock in Labour Demand, Price and Money Supply Macroeconomic Theme: 11

Simple specification of RBC Model Macroeconomic Theme: 11

Shocks to the technology and Government Expenditure Macroeconomic Theme: 11

Shocks to the Government Expenditure Macroeconomic Theme: 11

Intertemporal Substitution and Labour-Leisure Choice Macroeconomic Theme: 11

Procyclical, Anticyclical and Acyclical Variables: Leading and Lagging indicators Macroeconomic Theme: 11

Use of Correlation Coefficient to determine lagging and leading indicators Macroeconomic Theme: 11

Reference Macroeconomic Theme: 11

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