Real Business Cycle
A friction-light toy benchmark that traces technology and government spending shocks through capital accumulation, labor choice, and intertemporal substitution.
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DSGE · Subgroup
The frictionless real benchmark for the DSGE family -- no nominal rigidities, no monetary policy block, no financial wedge. Real shocks drive real quantities.
What this subgroup is
The frictionless real benchmark for the DSGE family -- no nominal rigidities, no monetary policy block, no financial wedge. Real shocks drive real quantities.
When to use it
Reach for the frictionless benchmark when you want to see what the DSGE engine produces under flexible prices and a representative agent. It is the reference point every other DSGE route is compared against.
Routes currently covered
Each route below is a DSGE model reference page with overview, graph, proof, and comparison material.
A friction-light toy benchmark that traces technology and government spending shocks through capital accumulation, labor choice, and intertemporal substitution.
Reference coverage
1 route linked in this subgroup's DSGE reference coverage.
Currently covers one route: the RBC benchmark. This lane includes the benchmark reference page, graph, proof, and comparison surfaces.
How this subgroup differs
Frictionless benchmarks is grouped separately from sticky-price core because the structural assumptions, frictions, or household structure are meaningfully different, not because the models are unrelated. The cross-links below let you hop sideways without losing the DSGE frame.
Back to the DSGE family
The DSGE family page lists every route in the explorer, including the ones that sit in other subgroups.