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The Cost of Business Cycles and the Benefits of Stabilization: A Survey
16 references·6 citing·40 second hop
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References

  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • 1991Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis1,703 cited
  • 2003The Macroeconomics of Happiness1,606 cited
  • 1995By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior1,527 cited
  • 1987Models of business cycles1,509 cited
  • 1994Indeterminacy and Increasing Returns1,057 cited
  • 2003Macroeconomic Priorities926 cited
  • 1988Models of Business Cycles.869 cited
  • 2000Risk-sensitive real business cycles670 cited
  • 1989Cost of Business Cycles with Indivisibilities and Liquidity Constraints502 cited
  • 2002Markups, Gaps, and the Welfare Costs of Business Fluctuations471 cited
  • 1988How Does Macroeconomic Policy Affect Output?408 cited
  • 1986Implementation Cycles304 cited
  • 2004The Cost of Business Cycles Under Endogenous Growth244 cited
  • 2001On measuring the welfare cost of business cycles238 cited
  • 1999On the Welfare Effects of Eliminating Business Cycles

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217 cited

Cited by

  • 2009Fiscal policy responsiveness, persistence, and discretion121 cited
  • 2020Hysteresis and Business Cycles49 cited
  • 2015Temptation and Self‐Control: Some Evidence and Applications31 cited
  • 2010The Optimal Inflation Rate in New Keynesian Models29 cited
  • 2009The Macroeconomic Effects of Losing Autonomous Monetary Policy after the Euro Adoption in Poland19 cited
  • 2012The business cycle implications of the euro adoption in Poland16 cited