Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements

This paper studies the international transmission of business cycles by developing a two-country real business-cycle model and confronting it with a broad set of empirical observations. These observations include variances and covariances of output, labor, consumption, employment, and investment in本文通过构建两国实际商业周期模型，并将其与一系列广泛的实证观察结果相对照，研究商业周期的国际传导机制。这些观察结果包括产出、劳动、消费、就业及投资的方差与协方差，涉及