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Published byJack Allen Modified over 6 years ago
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Business Cycles Analysis: A Model to Study the Fluctuations of Output Around the Steady State
Macroeconomic Theme: 11
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Steady State and Transitional Dynamics
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Solution for the Transition Path
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A Numerical Example for Complementary Solution
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Complete Time Path for Income
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Real Business Cycle Model Impact of Productivity Shock in Labour Demand, Price and Money Supply
Macroeconomic Theme: 11
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Simple specification of RBC Model
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Shocks to the technology and Government Expenditure
Macroeconomic Theme: 11
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Shocks to the Government Expenditure
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Intertemporal Substitution and Labour-Leisure Choice
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Procyclical, Anticyclical and Acyclical Variables: Leading and Lagging indicators
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Use of Correlation Coefficient to determine lagging and leading indicators
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Reference Macroeconomic Theme: 11
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