This paper presents and assesses the recent application of models in the Real Business Cycle (RBC) tradition to the analysis of the Great Depression of the 1930s. The main conclusion is that the breaking of the depression taboo has been a desirable completion of the cliometric revolution: no historic event should be exempt from a dispassionate quantitative analysis. On the other hand, the substantive contribution of RBC models is not yet sufficient to establish a new historiography of the Great Depression
Technology shocks and declining productivity have been advanced as important factors driving the Gre...
International audienceAs soon as 1932, Jan Tinbergen proposed an explanation of the Great Depression...
Economists failed to forecast the Great Depression, perhaps because they had lacked reason to theori...
This paper presents and assesses the recent application of models in the Real Business Cycle (RBC) t...
The Great Depression of the 1930s is again on the frontier of research in macroeconomics. Researcher...
Recent years have witnessed a revival of interest in the Great Depression of the 1930s. Among the di...
Recent years have witnessed a revival of interest in the Great Depression of the 1930s. Among the di...
Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Pre...
Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Pre...
Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Pre...
As Professor Balderston notes in his introduction to this volume, history is necessarily written in ...
We apply a dynamic general equilibrium model to the period of the Great Depression. In particular, w...
We apply a dynamic general equilibrium model to the period of the Great Depression. In particular, w...
This thesis deals with the Austrian business cycle theory. At the beginning it introduce methodology...
The research program in real business cycle (RBC) theory began as an attempt to explain business cyc...
Technology shocks and declining productivity have been advanced as important factors driving the Gre...
International audienceAs soon as 1932, Jan Tinbergen proposed an explanation of the Great Depression...
Economists failed to forecast the Great Depression, perhaps because they had lacked reason to theori...
This paper presents and assesses the recent application of models in the Real Business Cycle (RBC) t...
The Great Depression of the 1930s is again on the frontier of research in macroeconomics. Researcher...
Recent years have witnessed a revival of interest in the Great Depression of the 1930s. Among the di...
Recent years have witnessed a revival of interest in the Great Depression of the 1930s. Among the di...
Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Pre...
Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Pre...
Is the Great Depression amenable to real business cycle theory? In the 1970s and 1980s Lucas and Pre...
As Professor Balderston notes in his introduction to this volume, history is necessarily written in ...
We apply a dynamic general equilibrium model to the period of the Great Depression. In particular, w...
We apply a dynamic general equilibrium model to the period of the Great Depression. In particular, w...
This thesis deals with the Austrian business cycle theory. At the beginning it introduce methodology...
The research program in real business cycle (RBC) theory began as an attempt to explain business cyc...
Technology shocks and declining productivity have been advanced as important factors driving the Gre...
International audienceAs soon as 1932, Jan Tinbergen proposed an explanation of the Great Depression...
Economists failed to forecast the Great Depression, perhaps because they had lacked reason to theori...