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A note on the production pipeline and aggregate fluctuations.(Research Notes)(Brief Article)

Publication: International Advances in Economic Research
Publication Date: 01-AUG-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Perhaps the most telling criticism of the Real Business Cycle (RBC) school of thought is its inability to put names to faces regarding productivity shocks, particularly those of recession-inducing variety. Although part of this problem is attributable to controversy surrounding shock an of...

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...identification, episode technical redress large enough...

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