Browsing Duke Faculty Articles by Subject "Business cycles"

Now showing items 1-4 of 4

Demographic Cycles and Economic Growth: The Long Swing Reconsidered

Kelley, Allen (Journal of Economic History, 1969-12)

For many Western countries the history of the last two centuries reveals both a sustained rise in per capita output and a tendency toward a more equal distribution of the economic product. The experience has been characterized, ...
An Examination of the Effects of Government Purchases in an Open Economy

Kimbrough, Kent (Journal of International Money and Finance, 1985)

This paper examines the effects of permanent and transitory changes in government purchases in the context of a model of a small open economy that produces and consumes both traded and nontraded goods. The model incorporates ...
Factor Hoarding and the Propagation of Business Cycles Shocks

Burnside, A. Craig; Eichenbaum, Martin (SSRN eLibrary, 1994)

This paper analyzes the role of variable capital utilization rates in propagating shocks over the business cycle. To this end we formulate and estimate an equilibrium business cycle model in which cyclical capital utilization ...
Labor Hoarding and the Business Cycle

Burnside, A. Craig; Eichenbaum, Martin; Rebelo, Sergio (The University of Chicago Press, 1993)

This paper investigates the sensitivity of Solow residual based measures of technology shocks to labor hoarding behavior. Using a structural model of labor hoarding and the identifying restriction that innovations to ...