BUSINESS-CYCLE MODELS AND THE LABOR-MARKET

被引：0

作者：

AMBLER, S ^{[1
]}

PHANEUF, L ^{[1
]}

机构：

[1] UNIV QUEBEC,CTR RECH EMPLOI & FLUCTUAT ECON,MONTREAL H3C 3P8,QUEBEC,CANADA

来源：

REVUE ECONOMIQUE | 1994年 / 45卷 / 04期

关键词：

D O I：

10.2307/3502208

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Many believe that the main goal behind the business cycle approach intitiated by Lucas, Kydland and Prescott is to provide solid microfoundations for macroeconomic models while the IS-LM-Phillips curve approach would be mainly concerned with explaining reality. We try to show that the business cycle approach based on the neoclassical growth model and the IS-LM -Phillips curve approach are at the present time on an equal footing in their capacity to explain stylized facts of the labor market.

引用

页码：1065 / 1078

页数：14

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