John B Long John B Long

Biographic Data

ID10330942
NAMEJohn B Long John B Long
GIVEN NAMESJohn B Long John B
FAMILY NAMELong
SIGNATURELONG J B L J B
VERIFIEDNo
TOTAL WORKS1
TOTAL CITATIONS47
WORKS AS AUTHOR1
WORKS AS EDITOR0
FIRST PUBLICATION YEAR1983
LATEST PUBLICATION YEAR1983
H-INDEX1

  • Real Business Cycles

    J Bradford De Long, John B Long John B Long et al.ARTICLEJournal of Political Economy1983Cited by: 47References: 2

    In this paper we demonstrate how certain very ordinary economic principles lead maximizing individuals to choose consumption-production plans that display many of the characteristics commonly associated with business cycles. Our explanation is entirely consistent with (i) rational expectations, (ii) complete current information, (iii) stable preferences, (iv) no technological change, (v) no long-lived commodities, (vi) no frictions or adjustment …