Why have business cycle fluctuations become less volatile?

Time to Build and Aggregate Fluctuations

Finn E. Kydland, Edward C. Prescott · Econometrica · 1982 · 5.9K citations

Computing, Economics, Financial Economics +5

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

Richard H. Clarida, Mark Gertler · The Quarterly Journal of Economics · 2000 · 4.7K citations

Social Sciences, Economics, Economic Policy +14

Investment, Capacity Utilization and the Real Business Cycle

Jeremy Greenwood, Zvi Hercowitz · Scholarship@Western (Western University) · 1986 · 2.2K citations · Full text

Social Sciences, Business Economics, Economics +17

Indivisible labor and the business cycle

Gary D. Hansen · Journal of Monetary Economics · 1985 · 2K citations · Full text

Social Sciences, Business Economics, Economics +13

Output Fluctuations in the United States: What Has Changed since the Early 1980's?

Gabriel Pérez‐Quirós, Margaret M. McConnell · RePEc: Research Papers in Economics · 2K citations

Social Sciences, Economics, Economic History +12