business cycle model meaning in Hindi

Examples

1. The computer simulation model resembles a deterministic version of a simple business cycle model.
2. After the publication of Keynes'General Theory many attempts were made to build a business cycle model.
3. Another major criticism is that real business cycle models can not account for the dynamics displayed by U . S . gross national product.
4. One of the most famous new classical models is the real business cycle model, developed by Edward C . Prescott and Finn E . Kydland.
5. It presents an alternative to the real business cycle model and the quantity theory of money considered only a long-run theory of the price level.
6. Consequently, it has become a mainstay in graduate macroeconomics training and underlies the work by Economics Nobel Laureate Ed Prescott and other economists on Real Business Cycle models.
7. While he did not use the term, T�nu Puu ( 1989 ) presented a multiplier-accelerator business cycle model with a cubic accelerator function that exhibited the phenomenon.
8. Macroeconomic models, including real business cycle models, efficiency wage models and search / matching models, have long had difficulty accounting for the observed volatility in labor market variables.
9. Backus made several significant contributions to macroeconomics and finance, including the canonical international business cycle model with Patrick J . Kehoe and Finn Kydland and identifying the Backus Smith puzzle and the international consumption correlation puzzle.
10. In 2007, Mikhail Golosov and Robert Lucas found that the size of the menu cost needed to match the micro-data of price adjustment inside an otherwise standard business cycle model is implausibly large to justify the menu-cost argument.