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What Is Real Business Cycle Theory? What Drives Business Cycles

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What is Real Business Cycle Theory? What drives business cycles in this model? Where do these shocks come from?


Definitions:

Night-Shift

A work schedule that takes place during the nighttime hours, often associated with disruptions to natural sleep patterns.

Breast Cancer

A type of cancer that forms in the cells of the breasts, potentially leading to serious complications and death if not treated early.

Insomnia

Recurring problems in falling or staying asleep.

Circadian Rhythm

A biological process that displays an endogenous and entrainable oscillation of about 24 hours.

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