Resuscitating Real Business Cycles

By Robert G. King, Sergio Rebelo. 2000

1,489 citations recorded by the source corpus.

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The Role of Collateralized House-hold Debt in Macroeconomic Stabilization (2005, positive): “Setting Ξt and Ξt+1 to zero reduces (13) to the standard Euler equation.”
Redistributive shocks and productivity shocks (2010, methodology): “Perhaps the more standard definition of labor share, which is the one we take as the baseline, is that proposed by Cooley and Prescott (1995), which assumes that the ratio of ambiguous labor income to ambiguous income is the same as the ratio of unambiguous labor income to unambiguous income.”
Technology Shocks and Aggregate Fluctuations: How Well Does the Real Business Cycle Model Fit Postwar U.S. Data? (2004, neutral): “Furthermore, and as shown in King and Rebelo (1999), when the actual sequence of technology shocks (proxied by the estimated disturbances of an AR process for the Solow residual) is fed as an input into the model, the resulting equilibrium paths of output and labor input track surprisingly well the ”
Inventory Investment and the Cost of Capital (2013, methodology): “The aggregate productivity parameters ra and sa are from King and Rebelo (1999).”