Further,. Page 22. 1366 F. E. KYDLAND AND E. C. PRESCOTT some technological change may be embodied in new capital, and only after the capital becomes productive ...

Kydland, Finn E & Prescott, Edward C, 1982. "Time to Build and Aggregate Fluctuations," Econometrica, Econometric Society, vol. 50(6), pages 1345-1370 ...

F. E. KYDLAND AND E. C. PRESCOTT. [8] BRUNNER, K., A. CUKIERMAN, AND A. H. ... Nonlinear Rational Expectations Models," Econometrica, 50(1982), 1269-1286.

Kydland and Prescott, 1982. F.E. Kydland, E.C. Prescott. Time to build and aggregate fluctuations. Econometrica, 50 (1982), pp. 1345-1370. Crossref Google ...

ABSTRACT: This survey focuses on the impact of public investment as an instrument of economic policy. The study presents and analyzes features and results of ...

Kydland and Prescott (1982) have emphasized the importance of time to build in shaping business cycles. They argue that 'the assumption of multi-.

Time to Build and Aggregate Fluctuations. Finn Kydland and Edward Prescott · Econometrica, 1982, vol. 50, issue 6, 1345-70. Date: 1982

Using quarterly data on Chinese economy to conduct an empirical test, we examine China's cycle characteristics of macroeconomic volatility and the transmission ...

Following the business-cycle analysis of Kydland and Edward. C. Prescott (1982), the model will be calibrated to meet long-run features of the U.S. economy.

In a paper that has received much recent attention, Kydland and Prescott (1982) presented a competitive equilibrium model of cyclical fluctuations. Using the.