“...The business cycle accounting "wedge" methodology is used to identify the mechanisms driving the rapid growth of Hong Kong, Singapore, South Korea, and Taiwan...”

“...This paper compares different solution methods for computing the equilibrium of dynamic stochastic general equilibrium (DSGE) models with recursive preferences...”

“...This paper analyses a small open economy that wants to borrow from abroad, cannot commit to repay debt but faces costs if it decides to default. The model...”

“...This paper studies the impact of dividend and corporate income taxes on investment and asset returns in a stochastic general equilibrium model. Under the "new"...”

“...This paper formulates and estimates a three-shock US business cycle model. The estimated model accounts for a substantial fraction of the cyclical variation in...”

“...(Copyright: Elsevier)...”

“...We show that a model with knowledge capital can generate business cycles driven by expectations of future movement in total factor productivity (TFP). These...”

“...This paper analyzes the dynamic politico-economic equilibrium of a model where repeated voting on social security and the evolution of household...”

“...We develop and calibrate a model where differences in factor endowments lead countries to trade different goods, so that the existence of international trade...”

“...In this paper we introduce weak property rights in the standard real business cycle (RBC) model in order to examine the role of institutions as a source of...”