Accounting for Business Cycles in Canada: I. The Role of Supply-Side Factors
MPRA Paper from University Library of Munich, Germany
After documenting business cycle facts in Canada, I have used a bunch of popular models to explain them. The common features of these models are: the use of the neoclassical growth framework, the assumption that prices are flexible enough to ensure a general equilibrium, and the reliance on supply-side factors, mainly technological change, to explain business cycles. I have also assessed the ability of these models to replicate these business cycle facts.
Keywords: Macroeconomics; Business Cycle (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-dge and nep-mac
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https://mpra.ub.uni-muenchen.de/70161/17/MPRA_paper_70161.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/81778/24/MPRA_paper_81778.pdf revised version (application/pdf)
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