Author: Alvin Harvey Hansen
Publisher: W W Norton & Company Incorporated
ISBN: 9780393334012
Category : Business & Economics
Languages : en
Pages : 721
Book Description
In this new edition Professor Hansen augments his authoritative study of the business cycle with an analysis of the performance--and the problems--of the postwar American economy.
Business Cycles and National Income
Author: Alvin Harvey Hansen
Publisher: W W Norton & Company Incorporated
ISBN: 9780393334012
Category : Business & Economics
Languages : en
Pages : 721
Book Description
In this new edition Professor Hansen augments his authoritative study of the business cycle with an analysis of the performance--and the problems--of the postwar American economy.
Publisher: W W Norton & Company Incorporated
ISBN: 9780393334012
Category : Business & Economics
Languages : en
Pages : 721
Book Description
In this new edition Professor Hansen augments his authoritative study of the business cycle with an analysis of the performance--and the problems--of the postwar American economy.
Frontiers of Business Cycle Research
Author: Thomas F. Cooley
Publisher: Princeton University Press
ISBN: 9780691043234
Category : Business & Economics
Languages : en
Pages : 452
Book Description
This introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t
Publisher: Princeton University Press
ISBN: 9780691043234
Category : Business & Economics
Languages : en
Pages : 452
Book Description
This introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t
Business Cycles
Author: Victor Zarnowitz
Publisher: University of Chicago Press
ISBN: 0226978923
Category : Business & Economics
Languages : en
Pages : 613
Book Description
This volume presents the most complete collection available of the work of Victor Zarnowitz, a leader in the study of business cycles, growth, inflation, and forecasting.. With characteristic insight, Zarnowitz examines theories of the business cycle, including Keynesian and monetary theories and more recent rational expectation and real business cycle theories. He also measures trends and cycles in economic activity; evaluates the performance of leading indicators and their composite measures; surveys forecasting tools and performance of business and academic economists; discusses historical changes in the nature and sources of business cycles; and analyzes how successfully forecasting firms and economists predict such key economic variables as interest rates and inflation.
Publisher: University of Chicago Press
ISBN: 0226978923
Category : Business & Economics
Languages : en
Pages : 613
Book Description
This volume presents the most complete collection available of the work of Victor Zarnowitz, a leader in the study of business cycles, growth, inflation, and forecasting.. With characteristic insight, Zarnowitz examines theories of the business cycle, including Keynesian and monetary theories and more recent rational expectation and real business cycle theories. He also measures trends and cycles in economic activity; evaluates the performance of leading indicators and their composite measures; surveys forecasting tools and performance of business and academic economists; discusses historical changes in the nature and sources of business cycles; and analyzes how successfully forecasting firms and economists predict such key economic variables as interest rates and inflation.
Hysteresis and Business Cycles
Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Business Cycles: The problem and its setting
Author: Wesley Clair Mitchell
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 518
Book Description
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 518
Book Description
The American Business Cycle
Author: Robert J. Gordon
Publisher: University of Chicago Press
ISBN: 0226304590
Category : Business & Economics
Languages : en
Pages : 882
Book Description
In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.
Publisher: University of Chicago Press
ISBN: 0226304590
Category : Business & Economics
Languages : en
Pages : 882
Book Description
In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.
National Income and Capital Formation, 1919-1935
Author: Simon Smith Kuznets
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 0
Book Description
Fiscal Policy and Business Cycles
Author: Alvin H. Hansen
Publisher:
ISBN: 9780415607100
Category : Business cycles
Languages : en
Pages : 0
Book Description
Written during the Second World War, this book deals with the changing role of the government, and particularly fiscal policy as an instrument for regulating the national income and its distribution.
Publisher:
ISBN: 9780415607100
Category : Business cycles
Languages : en
Pages : 0
Book Description
Written during the Second World War, this book deals with the changing role of the government, and particularly fiscal policy as an instrument for regulating the national income and its distribution.
Business Cycles
Author: Wesley Clair Mitchell
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 642
Book Description
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 642
Book Description
National Income
Author: Simon Smith Kuznets
Publisher: Ayer Publishing
ISBN: 9780405075988
Category : National income
Languages : en
Pages : 144
Book Description
Publisher: Ayer Publishing
ISBN: 9780405075988
Category : National income
Languages : en
Pages : 144
Book Description