A Critique of Structural VARs Using Real Business Cycle Theory

Time to Build and Aggregate Fluctuations

1982 • 5,852 citations

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

2005 • 5,787 citations

The Financial Accelerator in a Quantitative Business Cycle Framework

1998 • 2,750 citations

What are the effects of monetary policy on output? Results from an agnostic identification procedure

2005 • 2,156 citations

The Financial Accelerator in a Quantitative Business Cycle Framework

1998 • 2,109 citations

Indivisible labor and the business cycle

1985 • 2,082 citations

Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations?

1999 • 1,613 citations

Formulating and estimating dynamic linear rational expectations models

1980 • 845 citations

Tests of Separate Families of Hypotheses

1961 • 844 citations

The Inflation Tax in a Real Business Cycle Model

1998 • 780 citations

Homework in Macroeconomics: Household Production and Aggregate Fluctuations

1991 • 768 citations

Tastes and technology in a two-country model of the business cycle: Explaining international

1995 • 740 citations

Is the technology-driven real business cycle hypothesis dead? Shocks and aggregate fluctuations revisited

2005 • 605 citations

Output Dynamics in Real-Business-Cycles Models

1995 • 558 citations

The Allocation of Capital and Time over the Business Cycle

1991 • 538 citations

When Do Long-Run Identifying Restrictions Give Reliable Results?

1997 • 521 citations

Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity

1992 • 510 citations

The macroeconomic effects of distortionary taxation

1994 • 450 citations

Output Dynamics in Real-Business-Cycle Models

1998 • 367 citations

The Inflation Tax in a Real Business Cycle Model

1988 • 355 citations

Macroeconomic Fluctuations and the Allocation of Time

1997 • 312 citations

Sources of Business Cycle Fluctuations

1988 • 282 citations

Business cycle analysis without much theory A look at structural VARs

1998 • 256 citations

Can Long-Run Restrictions Identify Technology Shocks?

2005 • 210 citations

Permanent and Transitory Movements in Labor Income: An Explanation for "Excess Smoothness" in Consumption

1990 • 195 citations

Tax disturbances and real economic activity in the postwar United States

1994 • 189 citations

The dynamic effects of aggregate demand and supply disturbances: Comment

1993 • 166 citations

Is The Technology-Driven Real Business Cycle Hypothesis Dead? Shocks and Aggregate Fluctuations Revisted

2002 • 156 citations

On the Mechanics of Forming and Estimating Dynamic Linear Economies

1995 • 138 citations

Technology Shocks and Monetary Policy: Assessing the Fed's Performance

2002 • 128 citations

Models and Their Uses

1989 • 126 citations

The Role of Approximate Prior Restrictions in Distributed Lag Estimation

1972 • 113 citations

An Econometric Study of Hours and Output Variation with Preference Shocks

1992 • 111 citations

Business Cycle Accounting

2006 • 109 citations

Formulating and Estimating Dynamic Linear Rational Expectations Models

1979 • 94 citations

Real business-cycle theory

1991 • 85 citations

Homework in Macroeconomics: Household Production and Aggregate Fluctuations

1991 • 83 citations

Estimation of Unobserved Expected Monthly Inflation Using Kalman Filtering

1986 • 77 citations

When Do Long-run Identifying Restrictions Give Reliable Results?

1994 • 65 citations

Near Observational Equivalence and Theoretical size Problems with Unit Root Tests

1996 • 62 citations

Comment on Gali and Rabanal’s “Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?”

2004 • 60 citations

Distributed Lag Estimation When the Parameter Space is Explicitly Infinite- Dimensional

1971 • 53 citations

Estimation of Unobserved Expected Monthly Inflation Using Kalman Filtering

1986 • 33 citations

Mechanics of Forming and Estimating Dynamic Linear Economies

1994 • 32 citations

Tax Disturbances and Real Economic Activity in the Postwar United States

1992 • 30 citations