真实经济周期与阿德尔曼检验

Real Business Cycles and the Test of the Adelmans

Journal of Monetary Economics · 1989
被引 1
人大 AABS 4

中文导读

采用阿德尔曼检验的现代版本,比较实际经济数据与真实经济周期模型模拟数据的经济周期特征,发现两者在关键总量上高度吻合。

Abstract

This paper conducts a modern variant of the test proposed and carried out by Adelman and Adelman (1959). Using the methods developed by Burns and Mitchell (1946). we see if we can distinguish between the economic series generated by an actual economy and those analogous artificial series generated by a stochastically perturbed economic model. In the case of the Adelmans, the model corresponded to the Klein-Goldberger equations. In our case, the model corresponds to a simple real business cycle model. The results indicate a fairly high degree of coincidence in key economic aggregates between the business cycle characteristics identified in actual data and those found in our simulated economy.

真实经济周期模型Adelman检验经济周期特征模拟经济