Business cycles in open economies: Stylized facts for Austria and Germany

1992 ◽  
Vol 128 (1) ◽  
pp. 67-87 ◽  
Author(s):  
Peter Brandner ◽  
Klaus Neusser
Author(s):  
Gunes Kamber ◽  
Konstantinos Theodoridis ◽  
Christoph Thoenissen

2018 ◽  
Vol 10 (1) ◽  
pp. 361-386 ◽  
Author(s):  
Andrea L. Eisfeldt ◽  
Yu Shi

Capital reallocation is procyclical, despite measured productive reallocative opportunities being acyclical or even countercyclical. This article reviews the advances in the literature studying the causes and consequences of capital reallocation (or lack thereof). We provide a comprehensive set of stylized facts about capital reallocation for the United States and an illustrative model of capital reallocation in equilibrium. We relate capital reallocation to the broader literatures on business cycles with financial frictions and on resource misallocation and aggregate productivity. Throughout, we provide directions for future research.


2018 ◽  
Vol 38 ◽  
pp. 72-80 ◽  
Author(s):  
Paul Hiebert ◽  
Ivan Jaccard ◽  
Yves Schüler

1994 ◽  
Vol 130 (3) ◽  
pp. 624-629
Author(s):  
Franz R. Hahn

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