Report3 - read the paper “ Real Business Cycle models...

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University of Minnesota Spring 2010 Economics 3102 Intermediate Macroeconomics Reading Report 3 This reading report is due Thursday, April 1, at the beginning of the class. The maximum score is 10 points. Be sure to review the Syllabus for details about reading reports and their grading ! Feel free to contact me via e-mail if you have specific questions about the report. 1 Instructions for the report For this reading report assignment I want you to learn the current status on Real Business Cycle models, which by large will be the main type of models you'll learn in the course (and most likely you’re your later classes at Minnesota and in grad school, should you decide to go there). Thus, I want you to
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Unformatted text preview: read the paper “ Real Business Cycle models: Past, present and future ,” by Sergio Rebelo. i Once you read it, do the following: z Write up a very brief summary of the paper. What are the main points of Rebelo? z As you read, you'll notice that there are a lot of ideas in the paper! Take two or three of them which seem interesting to you, and comment on them. z Do RBC models seem “right” to you? Why or why not? This report should be at least one page long. Use a standard size 12 font and double-space your typing (leave margins of 1 to 1.5 inches on all sides). i Rebelo, Sergio (2005), “ Real Business Cycle models: Past, present and future ,” NBER Working Paper 11401....
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This note was uploaded on 02/07/2011 for the course ECON 3102 taught by Professor Mingyi during the Spring '08 term at Minnesota.

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