I want to start with an article, which-- mention an article by Backus, Kydland, and Kehoe-- actually Backus, Kehoe, and Kydland, three economists.

我将从一篇论文讲起-,这一篇论文由巴克斯,基德兰德和凯赫合著的论文-,实际上是巴克斯，凯赫和基德兰德，三位经济学家。

耶鲁公开课 - 金融市场课程节选

What Backus, Kehoe, and Kydland did was look at how much the consumption correlates-- the movement from year to year-- correlate across countries.

巴克斯，凯赫和基德兰德做的就是,研究这些消费的相关性-,不同年份消费的相关性-,不同国家的不同运动规律。

耶鲁公开课 - 金融市场课程节选

Backus, Kydland, and Kehoe thought that that's the situation we should be in today.

巴克斯，基德兰德和凯赫认为,这正是我们遇到冲击后理应做出的反应。

耶鲁公开课 - 金融市场课程节选