Are TFP shocks a reasonable explanation for the business cycles we see in modern economies? Why and

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Are TFP shocks a reasonable explanation for the business cycles we see in modern economies? Why and why not?

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:35 AM

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Are TFP shocks a reasonable explanation for the business cycles we see in modern economies? Why and

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To conclude I can say that both TFP shocks and mone...View the full answer

Macroeconomics

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