scholarly journals Dynamical analysis of Kaldor business cycle model with variable depreciation rate of capital stock

2020 ◽  
Vol 5 (4) ◽  
pp. 3321-3330
Author(s):  
Junjie Mao ◽  
◽  
Xiaowei Liu
Keyword(s):  
Business Cycle ◽  
Capital Stock ◽  
Dynamical Analysis ◽  
Cycle Model ◽  
Depreciation Rate ◽  
Business Cycle Model

A Skeptical Note on the Importance of Technology Shocks

1998 ◽  
Vol 42 (1) ◽  
pp. 108-111
Author(s):  
James E. Hartley
Keyword(s):  
Business Cycle ◽  
Real Business Cycle ◽  
Technology Shocks ◽  
Cycle Model ◽  
Depreciation Rate ◽  
Business Cycle Model ◽  
Real Business Cycle Model

This paper tests whether a real business cycle model can be built using a specific technological shock, a change in the depreciation rate, instead of an aggregate multiplicative shock. The model cannot duplicate standard business cycle facts.

Sign in / Sign up

Export Citation Format

Share Document