Read All About it: What happens following a technology shock

@article{Alexopoulos2011ReadAA,
  title={Read All About it: What happens following a technology shock},
  author={Michelle Alexopoulos},
  journal={The American Economic Review},
  year={2011},
  volume={101},
  pages={1144-1179}
}
  • M. Alexopoulos
  • Published 1 June 2011
  • Economics
  • The American Economic Review
For decades economists have searched for the sources of business cycle fluctuations. Early business cycle research focused on leading and lagging indicators and, while many of these are still employed today, they fail to provide insight into the sources of the fluctuations. Despite recent advances in economic modeling, there is still much debate as to the cause of recessions and expansions. In standard real business cycle models, a large component of the fluctuations is attributable to… 

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