Understanding Real Business Cycles
这篇短文介绍真实商业周期方法，讨论其基本框架、经济增长与商业周期的关系、1954-1985年美国经济中的应用、政府政策与次优均衡，以及未来研究议程，适合宏观经济学初学者。
This brief essay is intended to provide readers with an introduction to the real business cycle approach to business fluctuations. It discusses the basic real business cycle framework; economic growth and business cycles; real business cycles and the 1954–1985 U.S. economy; government policies and suboptimal equilibrium; and the real business cycle research agenda. An appendix presents a more technical summary of the basic neoclassical model presented in the paper.