; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "The Real Business Cycle: Intermediate Inputs and Sectoral Comovement"; ; "batchuser@example.com"; "Hornstein, Andreas", "Praschnik, Jack"; "Federal Reserve Bank of Minneapolis"; "E32 - Business Fluctuations; Cycles", "D24 - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity", "E23 - Macroeconomics: Production"; "We describe the postwar U.S. business cycle for the durable and nondurable goods producing sector. The business cycle is characterized by positive comovement of output, employment, and investment across the two sectors. We develop a two sector growth model to explain the observed pattern of comovements, and suggest that intermediate inputs produced by the nondurable goods sector for the durable goods sector play a crucial role."^^; "1994-03-01"; "2019-05-21T16:49:24.823918597+00:00"^^; "https://doi.org/10.21034/dp.89"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:46:07 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "345", "625"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "089"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published as \"Intermediate Inputs and Sectoral Comovement in the Business Cycle\" in: _Journal of Monetary Economics_ (Vol. 40, No. 3, December 1997, pp. 573-595) https://doi.org/10.1016/S0304-3932(97)00056-1."^^; ; "Publication" . ; .