real business cycle theory
E266791
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Real business cycle theory is a macroeconomic framework that explains fluctuations in economic output and employment primarily through real shocks, such as changes in technology or productivity, under the assumption of rational expectations and market clearing.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Real Business Cycle theorists | 1 |
Referenced by (2)
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Real Business Cycle theorists