Question
Summary of Basu, Fernald, and Kimball (2006) Summarize the main findings of Basu, Fernald, and Kimball (2006) discussed in class. What problems do the findings
Summary of Basu, Fernald, and Kimball (2006) Summarize the main findings of Basu, Fernald, and Kimball (2006) discussed in class. What problems do the findings suggest for the real business cycle model? How do they interpret their findings in terms of sticky prices and non-technology (demand) shocks? (It may help to peruse the article as well as the material in class).
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Cambridge International AS And A Level Economics Coursebook
Authors: Colin Bamford, Susan Grant
3rd Edition
1107679516, 978-1107679511
