RBC Theory and the Current Financial Crisis

اقتصاد پولی مالی

Article 5, Volume 18, Issue 1, January 2012   

Document Type: پژوهشی

DOI: 10.22067/pm.v18i1.27592

Authors

Ebrahim Gorji^* ; Ali Reza Eghbali; Javad Sharefzadeh

Abstract

Today, real business cycles theory, subject reports, articles, letters thesis
has many worldwide. It seems since the main point in the theory of business
cycles is a true technology shocks, this theory can be considered a theory of
economic boom. In other words this theory in describing the capabilities to
create greater prosperity to recession and the anatomy of the business
cycles is an asymmetric behavior.
In this article the authors use an analytical technique to show that they
intend to remove the rules and regulations not to date against the growth
and technology innovation in financial markets the main reason for the
recent economic downturn has created and therefore in contradiction with
this idea theorist theory of real business cycles and hence the current
financial crisis, including the serious challenges facing them know.
Other hand, gains of this article can show aspects of technology shocks
main business cycle is created and so this paper can be used emphasis on
research that shocks are demand side.

Keywords

Real business cycles; Nyvkynzynha; Technology shocks; Deregulation; Financial markets