Essays on Growth, Stabilization, and the Business Cycle

Essays on Growth, Stabilization, and the Business Cycle PDF Author: Daehaeng Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 282

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Essays on Growth, Stabilization, and the Business Cycle

Essays on Growth, Stabilization, and the Business Cycle PDF Author: Daehaeng Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 282

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Book Description


Essays on Economic Stability and Growth

Essays on Economic Stability and Growth PDF Author: Nicholas Kaldor
Publisher: New York : Holmes & Meier Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

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Essays on Economic Growth and Business Cycle Dynamics

Essays on Economic Growth and Business Cycle Dynamics PDF Author: Ulrich Stolzenburg
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Frontiers of Business Cycle Research

Frontiers of Business Cycle Research PDF Author: Thomas F. Cooley
Publisher: Princeton University Press
ISBN: 9780691043234
Category : Business & Economics
Languages : en
Pages : 452

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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

Hysteresis and Business Cycles

Hysteresis and Business Cycles PDF Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50

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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.

Analyzing Modern Business Cycles

Analyzing Modern Business Cycles PDF Author: Philip A. Klein
Publisher:
ISBN: 9781587981241
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
A Reprint of 1990 book collecting essays from various economists influenced by Moore's analysis of business cycles.

Essays on Growth and Business Cycles

Essays on Growth and Business Cycles PDF Author: Sérgio T. Rebelo
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 286

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Essays on Business Cycles and Stabilization Policy

Essays on Business Cycles and Stabilization Policy PDF Author: Christoph E. Boehm
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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The Business Cycle Associated with Exchange-rate-based Stabilization

The Business Cycle Associated with Exchange-rate-based Stabilization PDF Author: Miguel Alberto Kiguel
Publisher: World Bank Publications
ISBN:
Category : Business cycles
Languages : en
Pages : 59

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Book Description
Disinflation programs in chronic inflation countries do not normally follow the usual Phillips curve tradeoff in the medium run. Instead of having a sharp recession in the early stage of stabilization, there often is an initial expansion of output followed by a recession and balance of payments difficulties. This pattern is related to programs that use the exchange rate as an instrument of disinflation.

Cycles, Growth and the Great Recession

Cycles, Growth and the Great Recession PDF Author: Annalisa Cristini
Publisher: Routledge
ISBN: 1317751132
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
Cycles, Growth and the Great Recession is a collection of papers that assess the nature and role of the business cycle in contemporary economies. These assessments are made in the context of the financial market instability that distinguishes the Great Recession from previous post-war slowdowns. Theorists and applied scholars in the fields of economics and mathematical economics discuss various approaches to understanding cycles and growth, and present mathematical and applied macro models to show how uncertainty shapes cycles by affecting the economic agent choice. Also included is an empirical section that investigates how the Great Recession affected households’ housing wealth, labour productivity and migration decisions. This book aims to: Propose a novel understanding of the business cycle by comparing the approaches of various scholars, starting from Hyman Minsky and Piero Ferri. Show that uncertainty is a main feature of the business cycle that affects decision-making and economic behaviour in general. Explain with mathematical models how the behaviour of economic agents can lead to cyclical paths for modern developed economies. Augment theory with empirical analysis of some central issues related to the Great Recession. This book comprises an original view of such widely discussed subjects as business cycles, uncertainty, economic growth and the Great Recession, constructed around theory, models and applications.