1 After the summarization of stylized facts of China's business fluctuations, two dynamic stochastic general equilibrium (DSGE for short hence force) models were established.

2 Third, government consumption and net exports had only ignorable impacts on business fluctuations.

3 In particular, the government can minimize the shock of business fluctuations by compensatory spending, essentially inserting government investment money where private money used to be.

4 Ground Rule No. 6 (from our November packet) says: "I am not in the business of predicting general stock market or business fluctuations."

5 The enterprises need to adjust the manpower functionally with the business fluctuations to keep the appropriate labor force. The demand of labor flexibility will increase accordingly.

6 All of these contributions represented, to some extent, the coming to fruition of seeds started during my research on "Expectations and Business Fluctuations".

7 And RBC holds that technology shocks are a major source of business fluctuations.

8 And there is no simple single or multiple factor explanation of domestic or international business fluctuations.

9 By the analysis of stochastic dynamic general equilibrium, RBC held that technology shocks were a major source of business fluctuations.

10 The following main conclusions could be drawn from the quantitative analysis: First, technology advances and institutional changes were the main drivers of China's business fluctuations.

11 Shortly after my arrival I accepted an attractive position at the University of Illinois as director of a research project on "Expectations and Business Fluctuations".