Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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So, our real business cycle model cannot simultaneously generate a rise in the
price of capital and a rise in investment, in response to a signal about future produc-
tivity. The real business cycle model has two additional shortcomings. It generates
an extremely large jump in the real interest rate and it generates very little per-
sistence. It really only generates a boom-bust pattern in consumption, investment,
employment and output when the signal is about a shock that will occur four quar-
ters in the future. If the signal is about a shock, say, 12 quarters in the future, agents
go on an 8 quarter vacation and...
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DEAR CLIENT, SAVE THE DATE “ESN EUROPEAN CONFERENCE” London, 11th December 2012
