Slide 1 Fluctuations and facts Chapter 2 Slide 2 R. Lucas (1977) «Understanding Business Cycles» “…[understanding] business cycles means constructing a model in the…
![Fluctuations and facts Chapter 2. R. Lucas (1977) «Understanding Business Cycles» “…[understanding] business cycles means constructing a model in the.](https://static.cupdf.com/doc/330x215/56649d2a5503460f949fea3b/fluctuations-and-facts-chapter-2-r-lucas-1977-understanding-business.jpg)