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ArticleRevisiting the welfare effects of eliminating business cycles

Per L. Krusell2009

Article2009

Revisiting the welfare effects of eliminating business cycles

Per L. Krusell · Toshihiko Mukoyama · Ayşegül Şahin · Anthony A. Smith

193 citations·0/0 files stored·Review of Economic Dynamics

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

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References

1998Income and Wealth Heterogeneity in the Macroeconomy 1987Models of business cycles 2003Macroeconomic Priorities 2003Globalization and Its Challenges 1995NBER macroeconomics annual 1994 1988Models of business cycles

Cited by

2007Uninsured idiosyncratic investment risk and aggregate saving 2010Finite state Markov-chain approximations to highly persistent processes 2009Quantitative Macroeconomics with Heterogeneous Households 2010Labour-Market Matching with Precautionary Savings and Aggregate Fluctuations 2009Quantitative Macroeconomics with Heterogeneous Households 2017Job uncertainty and deep recessions 2011Disinflation in a DSGE perspective: Sacrifice ratio or welfare gain ratio?2018Exploiting MIT shocks in heterogeneous-agent economies: the impulse response as a numerical derivative

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Year2009

Typearticle

Published2009-01-24

VenueReview of Economic Dynamics

ISSN-L1094-2025

Languageen

Citations193

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/j.red.2009.01.002

openalex_workW2069097987

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