Melbourne Business School - Research Publications

Permanent URI for this collection

http://hdl.handle.net/11343/379

Filters

2010 1
Reset filters

Settings
Statistics
Citations
Subject: Applied Economics × Type: Journal Article × Author: Vahey, Shaun ×

Search Results

Now showing 1 - 1 of 1
  • Item
    Thumbnail Image
    RBCs AND DSGEs: THE COMPUTATIONAL APPROACH TO BUSINESS CYCLE THEORY AND EVIDENCE
    Karagedikli, O ; Matheson, T ; Smith, C ; Vahey, SP (WILEY, 2010-02)
    Abstract Real business cycle (RBC) and dynamic stochastic general equilibrium (DSGE) methods have become essential components of the macroeconomist's toolkit. This literature review stresses recently developed techniques for computation and inference, providing a supplement to the Romer textbook, which stresses theoretical issues. Many computational aspects are illustrated with reference to the simple divisible labor RBC model. Code and US data to replicate the computations are provided on the internet, together with a number of appendices providing background details.