Business Cycles in Economic Thought

Business Cycles in Economic Thought PDF Author: Alain Alcouffe
Publisher: Routledge
ISBN: 1317207785
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
Business Cycles in Economic Thought underlines how, over the time span of two centuries, economic thought interacted with cycles in a continuous renewal of theories and rethinking of policies, whilst economic actions embedded themselves into past economic thought. This book argues that studying crises and periods of growth in different European countries will help to understand how different national, political and cultural traditions influenced the complex interaction of economic cycles and economic theorizing. The editors of this great volume bring together expert contributors consisting of economists, historians of economic thought and historians of economics, to analyse crises and theories of the nineteenth and the twentieth century. This is alongside a comprehensive outlook on the most relevant advances of economic theory in France, Germany and Italy, as well as coverage of non-European countries, such as the United States. Several of the highly prestigious Villa Vigoni Trilateral Conferences formed the background for the discussions in this book. This volume is of great interest to students and academics who study history of economic thought, political economy and macroeconomics.

Business Cycles in Economic Thought

Business Cycles in Economic Thought PDF Author: Alain Alcouffe
Publisher: Routledge
ISBN: 1317207785
Category : Business & Economics
Languages : en
Pages : 425

Get Book Here

Book Description
Business Cycles in Economic Thought underlines how, over the time span of two centuries, economic thought interacted with cycles in a continuous renewal of theories and rethinking of policies, whilst economic actions embedded themselves into past economic thought. This book argues that studying crises and periods of growth in different European countries will help to understand how different national, political and cultural traditions influenced the complex interaction of economic cycles and economic theorizing. The editors of this great volume bring together expert contributors consisting of economists, historians of economic thought and historians of economics, to analyse crises and theories of the nineteenth and the twentieth century. This is alongside a comprehensive outlook on the most relevant advances of economic theory in France, Germany and Italy, as well as coverage of non-European countries, such as the United States. Several of the highly prestigious Villa Vigoni Trilateral Conferences formed the background for the discussions in this book. This volume is of great interest to students and academics who study history of economic thought, political economy and macroeconomics.

Germany and the European Business Cycle

Germany and the European Business Cycle PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This paper studies the role of the German economy for the existence of the so called European business cycle, a term referring to the regularly observed synchronization of the national business cycles in Europe. Using a three-country general equilibrium model, we are able to simulate impulse response functions mimicking the important features observed in the data. Focusing on the importance of shocks affecting the German GDP we show that trade-related transmission from Germany to the other European economies is only of minor importance for the synchronization of national business cycles. On the contrary, our findings suggest that the influence of common shocks and of technology spillovers accounts for most of the parallels in economic performance. -- European business cycle ; Transmission ; Open economy macroeconomics ; Real business cycles

Business Cycle Synchronisation and Economic Integration

Business Cycle Synchronisation and Economic Integration PDF Author: Marcus Kappler
Publisher: Springer Science & Business Media
ISBN: 3790828556
Category : Business & Economics
Languages : en
Pages : 197

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Book Description
This book offers the reader a state-of-the-art overview on theory and empirics of business cycle synchronisation, structural reform and economic integration. Focusing on the ongoing integration process in the euro area and the EU, it analyses the integration process that has taken place since the 1980s and which is marked by the advent of the euro and the substantial enlargement that resulted from the accession of 12 new Member States in East and Southern Europe.

The Euro Area Business Cycle

The Euro Area Business Cycle PDF Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
ISBN: 1898128839
Category : Business cycles
Languages : en
Pages : 103

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Book Description


The Austrian Business Cycle in the European Context

The Austrian Business Cycle in the European Context PDF Author: Marcus Scheiblecker
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 0

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Book Description


The European Business Cycle

The European Business Cycle PDF Author: Michael J. Artis
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 48

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Book Description


A Fresh Look at Business Cycle Synchronisation in the Euro Area

A Fresh Look at Business Cycle Synchronisation in the Euro Area PDF Author: Christian Gayer
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 52

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Book Description


The Austrian Business Cycle in the European Context

The Austrian Business Cycle in the European Context PDF Author: Marcus Scheiblecker
Publisher: Peter Lang
ISBN: 9783631576076
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
Dating business cycle turning points is still an important task for economic policy decisions. This study does this for the Austrian economy for the period between 1976 and 2005, using only quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods are applied: first-order differences, the Hodrick-Prescott filter, and the Baxter-King filter. To all of them, two different methods of determining the business cycle are applied: the ad-hoc determination of the business cycle and a dynamic factor model, taking into account the common variations of Austria, the euro area and the German business cycle movements. The results of both methods are dated by the Bry-Boschan algorithm in order to locate peaks and troughs of the cycle. The results are interpreted and compared to already exiting studies on the euro area and the Austrian business cycle.

Business Cycles, Exchange Rate Regimes and the ERM

Business Cycles, Exchange Rate Regimes and the ERM PDF Author: Michael J. Artis
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 48

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Book Description


Business Cycles Syncronaziation in Europe

Business Cycles Syncronaziation in Europe PDF Author: Silvia Palasca
Publisher: GRIN Verlag
ISBN: 3656443033
Category : Business & Economics
Languages : en
Pages : 15

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Book Description
Essay from the year 2013 in the subject Economics - Monetary theory and policy, Alexandru Ioan Cuza University of Iasi, language: English, abstract: The European Union sets the premises for the appearance of a new phenomenon in the global economic setting: the synchronization of the national business cycles. The aim of this article is to statistically prove the existence of a Euro are business cycle through the study of a classic indicator- the annual change of the GDP and also through the use of foreign trade indicators-the annual changes in exports in imports. Also, it is important, at the end, to choose the best of these indicators or a combination thereof to use as a benchmark for further studies. The empiric study is useful to classify the European countries in clusters according to synchronization, a first step in adopting common policies.