; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Seasonality and Equilibrium Business Cycle Theories"; ; "batchuser@example.com"; "Braun, R. Anton", "Evans, Charles, 1958-"; "Federal Reserve Bank of Minneapolis"; "Real business cycle", "Seasonality", "Solow residuals"; "E20 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)", "E32 - Business Fluctuations; Cycles"; "We consider a dynamic, stochastic equilibrium business cycle model which is augmented to reflect seasonal shifts in preferences, technology, and government purchases. Our estimated parameterization implies implausibly large seasonal variation in the state of technology: rising at an annual rate of 24% in the fourth quarter and falling at an annual rate of 28% in the first quarter. Furthermore, our findings indicate that variation in the state of technology of this magnitude is required if the model is to explain the main features of the seasonal cycle."^^; "1994-03"; "2019-09-14T00:31:16.745480533+00:00"^^; "https://doi.org/10.21034/sr.168"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "2020-10-01T17:20:04.974978484+00:00"^^; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "225", "97"; "Staff report (Federal Reserve Bank of Minneapolis. Research Department)"; "168"; "Real business cycle", "Solow residuals", "Seasonality"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; """Published in: _Journal of Economic Dynamics and Control_ (19, 1995, pp. 503-531) https://doi.org/10.1016/0165-1889(93)00792-3. [Discussion Paper 45](https://doi.org/10.21034/dp.45)"""^^; ; "Publication" . ; .