Sources of Business Cycle Fluctuations Sources of Business Cycle Fluctuations …

… We find that demand shocks are the dominant source of output and inflation fluctuations in
several of the G-7 countries. The proportion of term structure variability explained by different …

… the financial accelerator mechanism to the business cycle component of the investment data
… the net worth shock the main source of investment fluctuations. Indeed, when we exclude …

… of the business cycle. In our explanation of the phenomenon of business cycles we shall have
… In view of these differences any generalizations concerning the business cycle have to be …

… business cycle literature, technology shocks have been considered the main source of business
fluctuations… to attribute a dominant role in business cycles to neutral technology shocks.…

… a neoclassical business-cycle model to study two sources of business-cycle fluctuations: …
that both shocks are important in understanding fluctuations, but that total factor productivity …

This paper shows that a standard Real Business Cycle model driven by productivity shocks
can successfully account for the 50% decline in cyclical volatility of output, its components, …

… the business cycle captured by unemployment fluctuations. The finding that much of the volatility
of the economy arises from neoclassical sources … sources other than the business cycle. …

… the sources of business, ie, economic, cycle fluctuations in … of the sources underlying business
cycle fluctuation contribute to our … of what sources lies behind economic fluctuations, the …

… An application of real business cycle theory has been to address the question, How much …
business cycles would have remained if technology shocks were the only source of fluctuations…