TY  - JOUR
AU  - Cooper,Russell W.
TI  - Business Cycles: Theory, Evidence and Implications
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5994
PY  - 1997
Y2  - April 1997
UR  - http://www.nber.org/papers/w5994
L1  - http://www.nber.org/papers/w5994.pdf
N1  - Author contact info:
Russell Cooper
Department of Economics
European University Institute
via della Piazzola, 43
Firenze, 50133
ITALY
E-Mail: russellcoop@gmail.com
AB  - This paper looks at recent advances in the study of aggregate fluctuations.  Our emphasis is on three prominent areas of research: the stochastic growth model, economies which exhibit macroeconomic complementarities and models that emphasize heterogeneity.  Each section of the paper outlines the theory, discusses relevant empirical evidence and then discusses some implications of the analysis.
ER  -