Real Business Cycle ·
Technology Drives the Wave
un
seel
.com · Kydland-Prescott 1982 · Stochastic Ramsey + AR(1) TFP
A
t
shock
—
Phase
—
Beat
—
Productivity A
t
Output Y
t
Investment I
t
Hours N
t
▶ Play
←
→
🔇 Unmute
Reset
Un
seel
.com · Real Business Cycle