Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061647 | Economics Letters | 2009 | 4 Pages |
Abstract
We apply business cycle accounting (BCA) to data generated by a representative model with investment wedges. Based on our findings, the criteria of BCA lead us to conclude that models with investment wedges are not promising for modeling business cycles.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Masaru Inaba, Kengo Nutahara,