TY  - JOUR
AU  - Primiceri,Giorgio E.
AU  - Schaumburg,Ernst
AU  - Tambalotti,Andrea
TI  - Intertemporal Disturbances
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 12243
PY  - 2006
Y2  - May 2006
UR  - http://www.nber.org/papers/w12243
L1  - http://www.nber.org/papers/w12243.pdf
N1  - Author contact info:
Giorgio Primiceri
Department of Economics
Northwestern University
318 Andersen Hall
2001 Sheridan Road
Evanston, IL 60208-2600
Tel: 847/491-5395
Fax: 847/491-7001
E-Mail: g-primiceri@northwestern.edu

Ernst Schaumburg
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
E-Mail: ernst.schaumburg@ny.frb.org

Andrea Tambalotti
Federal Reserve Bank of New York
33 Liberty Street, 3rd Floor
New York, NY  10045
E-Mail: a.tambalotti@gmail.com
AB  - Disturbances affecting agents  intertemporal substitution are the key driving force of macroeconomic fluctuations. We reach this conclusion exploiting the bond pricing implications of an estimated general equilibrium model of the U.S. business cycle with a rich set of real and nominal frictions.
ER  -