The role of investment wedges in the Carlstrom-Fuerst economy and business cycle accounting
Masaru Inaba and
Economics Letters, 2009, vol. 105, issue 3, 200-203
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.
Keywords: Business; cycle; accounting; Investment; wedge (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: The Role of Investment Wedges in the Carlstrom-Fuerst Economy and Business Cycle Accounting (2009)
Working Paper: The Role of Investment Wedges in the Carlstrom-Fuerst Economy and Business Cycle Accounting (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:105:y:2009:i:3:p:200-203
Access Statistics for this article
Economics Letters is currently edited by Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().