“...The purpose of this book is to describe the intellectual process by which Real Business Cycle models were developed. The approach taken focuses on the core...”

“...Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial...”

“...We investigate the role of uncertainty in business cycles. First, we demonstrate that microeconomic uncertainty rises sharply during recessions, including...”

“...I investigate the determinants of business cycle synchronization across regions. The linkages between trade in goods, financial openness, specialization, and...”

“...The literature on the rational PBC suggests that politicians systematically manipulate economic and fiscal conditions before elections to increase their...”