Quarterly Review, Fall,10,9-22.
44. Nelson,C.R., Plosser C. I., 1982, Trends and random walks in macroeconomic time series, Journal of
Monetary Economics, 10(2): 139-162.
45. Ramey, G., Ramey, V., 1995, Cross-country evidence on the link between volatility and growth, American
Economic Review, 85 : 1138-1151.
46. Romer, D., 1996. Advanced Macroeconomics. McGraw-Hill, New York.
47. Sims, C.A.,1980, Comparison of Interwar and Postwar Business Cycles: Monetarism Reconsidered, NBER
Reprints, 0094.
48. Tsiddon, D.,1991, On the stubbornness of sticky prices, International Economics Review, 32:69-75.
49. Tsiddon, D.,1993, The (mis)behavior of the aggregate price level, Review of Economic Studies, 60:889-902.
50. Taylor, J.B., Woodford, M., 1999, Handbook of Macroeconomics. Elsevier.
51. Taylor,J.B., 1980, Aggregate dynamics and staggered contracts, Journal of Political Economy 88, 1-22.
52. Woodford, M., 1995, Price Level Determinacy without Control of a Monetary Aggregate.
Carniege-Rochester Conference Series on Public Policy, 43: 1-46.
53. Yun,T.,1994, Monetary policy, nominal price rigidity and business cycle, PH.D. Dissertation, (Department of
Economics, University of Chicago).
54. Yun,T., 1996, Nominal Price Rigidity, Money Supply Endogeneity, and Business Cycle.,Journal of Monetary
Economics, 37, no,2: 345-370.
55.
56.
57.
58.
59.
60. 刘树成 1996, 《中国经济周期波动地新阶段》, 上海远东出版社,,1996. 刘树成 2000, 《繁荣与稳定----中国经济波动研究》,社会科学文献出版社, 2000. 刘树成 2003, 中国经济波动的新轨迹，《经济研究》第3期。 刘树成 2004, 新一轮经济周期的背景特点，《经济研究》第3期。 刘树成 1989，《中国经济的周期波动》，中国经济出版社，1989年。 卢 建 1992，《中国经济周期实证研究》，中国财政经济出版社，北京。
61. 黄险峰 2003, 《真实经济周期理论》 中国人们大学出版社,2003.
62. 陈昆亭、龚六堂，（2004），《中国经济增长的周期与波动的研究—引入人力资本后的RBC模型》，《经济学（季刊）》
7.
63. 陈昆亭、龚六堂，邹恒甫（2004）《什么造成了经济增长的波动,供给还是需求?:中国经济的RBC分析》, 《世界
经济》,2004.4
64. 陈昆亭、龚六堂，邹恒甫，2004，《基本RBC方法模拟中国经济的数值试验》, 《世界经济文汇》,2004.2
65. 陈昆亭 龚六堂，“内生时间偏好,粘滞名义合同的货币效应周期动态模型”，《制度经济学研究》, 2005,12
66. 陈昆亭 龚六堂，“内生货币与粘滞价格的周期模型中规则货币政策的福利问题分析”，working paper 2006
67. 陈昆亭 龚六堂，“粘滞价格模型模拟中国经济的数值试验----对基本RBC模型的改进”，《世界经济》,2006，9
68. 陈昆亭 周炎 龚六堂（2004），“中国经济商业周期分析”,《世界经济》2004，10. P47-56。
A Survey on Business Cycle Theory
Chen Kunting
(CCER, Shandong University)
Liutang Gong
(Guanghua School of Management, Peking University, Biejing, 100871, China)
Abstract: RBC model has been widely used in every field of economics and finance. With the development of econometric technology, the business-cycle theory has gotten great breakthrough since 80s of last century. The genesis work belongs to Kydland and Prescott (1982), they built the Real Business Cycle Theory Model (RBC), which based on the dynamic stochastic general equilibrium theory and integrated the supply and demand theory, monetary shocks, government fiscal policy, market and information, psychology (sunspots model), behavior (animal spirit) et al. Also, the transmission mechanism has been changed from exogenous assumptions into endogenous determined. These developments have greatly improved the ability of explanation and prediction to economy. This paper simply summarizes the developing history and frontier researches of the business cycle theory.
Key Word: Business cycle, volatility
JEL Classification: E200, E300.