The role of investment wedges in the Carlstrom–Fuerst economy and business cycle accounting

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.

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Bibliographic details
Volume:	105
Main Author:	Inaba, Masaru Nutahara, Kengo
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	LAUSANNE Elsevier B.V 2009 ELSEVIER SCIENCE SA Elsevier
published in:	Economics letters Vol. 105; no. 3; pp. 200 - 203
Data of publication:	2009
ISSN:	0165-1765 1873-7374
EISSN:	1873-7374
Discipline:	Economics
Series:	Economics Letters
Subjects:	Investment wedge Business cycle accounting Economics Business & Economics Social Sciences Business cycle accounting Investment wedge Business cycles Accounting Investments Analysis Investment wedge E32 E13 Business cycle accounting
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2009 Web of Knowledge Web of Science RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS