Letting Different Views about Business Cycles Compete

  title={Letting Different Views about Business Cycles Compete},
  author={Paul Beaudry and Bernd Lucke},
  journal={NBER Macroeconomics Annual},
  pages={413 - 456}
There are several candidate explanations for macro-fluctuations. Two of the most common discussed sources are surprise changes in disembodied technology and monetary innovations. Another popular explanation is found under the heading of a preference or more generally a demand shock. More recently two other explanations have been advocated: surprise changes in investment specific technology and news about future technology growth. The aim of this paper is to provide a quantitative assessment of… 
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