Beyond Shocks What Causes Business Cycles An Overview
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Beyond Shocks What Causes Business Cycles An Overview
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Author :
language : en
Publisher:
Release Date :
Beyond Shocks What Causes Business Cycles An Overview written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
The Federal Reserve Bank of Boston presents the full text of the article entitled "Beyond Shocks: What Causes Business Cycles? An Overview," written by Jeffrey C. Fuhrer and Scott Schuh. The article appeared in the November/December 1998 issue of the "New England Economic Review." The text is available in PDF format. This paper examines the identification of economic causes of business cycles as discussed at the 42nd economic conference of the Federal Reserve Bank of Boston.
Beyond Shocks
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Author : Jeffrey C. Fuhrer
language : en
Publisher:
Release Date : 2003-11-01
Beyond Shocks written by Jeffrey C. Fuhrer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-01 with categories.
Proceedings of a conf. held in 1998 by the Fed. Reserve Bank of Boston. Papers: Beyond Shocks: What Causes Bus. Cycles? An Overview; Summing Up on Bus. Cycles: Opening Address; The Causes of American Bus. Cycles: An Essay in Economic Historiography; Historical Evidence on Bus. Cycles: The International Experience; The Role of Interest Rate Policy in the Generation & Propagation of Bus. Cycles: What Has Changed Since the Ô30s?; Financial Markets & Bus. Cycles: Lessons from Around the World: A Panel Discussion; Technology & Bus. Cycles: How Well Do Standard Models Explain the Facts?; Job Reallocation & the Bus. Cycle: New Facts for an Old Debate; & Policy Implications: A Panel Discussion. Charts & graphs. Also includes an 18-page report issued by the Fed. Reserve Bank of Dallas, Business Cycles: The Role of Energy Prices.Ó
Beyond Shocks
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Author : Jeffrey C. Fuhrer
language : en
Publisher:
Release Date : 1998
Beyond Shocks written by Jeffrey C. Fuhrer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business cycles categories.
Hysteresis And Business Cycles
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Author : Ms.Valerie Cerra
language : en
Publisher: International Monetary Fund
Release Date : 2020-05-29
Hysteresis And Business Cycles written by Ms.Valerie Cerra and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-29 with Business & Economics categories.
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 And Financial Crises
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Author : A. W. Mullineux
language : en
Publisher: Bookboon
Release Date : 1990
Business Cycles And Financial Crises written by A. W. Mullineux and has been published by Bookboon this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business cycles categories.
Economic Cycles
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Author : Solomos Solomou
language : en
Publisher: Manchester University Press
Release Date : 1998
Economic Cycles written by Solomos Solomou and has been published by Manchester University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business cycles categories.
The ups and downs of booms and slumps, often referred to as business cycles, are features of all modern economies. This book considers business cycles over three epochs 1870-1913, 1919-1938 and the post-World War II period. It provides an analysis of the key macroeconomic questions relating to economic fluctuations. Why are the ups and down more volatile in some epochs than others? Why are some business cycle shocks more persistent in their effects? Is there an international business cycle? Can present business cycle features predict future patterns? What impact will institutional changes, such as EMU have on future fluctuations?
Business Cycles
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Author : Thomas E. Hall
language : en
Publisher: Praeger
Release Date : 1990-06-26
Business Cycles written by Thomas E. Hall and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-06-26 with Business & Economics categories.
This is a concise and and up-to-date survey of business cycles, discussing not only early theories of the business cycle and Keynesian and monetarist models, but also the rational expectationist and new Keynesian models along with actual business cycles. Hall traces the history of business cycles from the panic of 1907 to the long cyclical expansion beginning in late 1982. ISBN 0-275-93085-8: $39.95.
Business Cycles
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Author : James Arthur Estey
language : en
Publisher: Englewood Cliffs, N.J., Prentice-Hall
Release Date : 1956
Business Cycles written by James Arthur Estey and has been published by Englewood Cliffs, N.J., Prentice-Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1956 with Business cycles categories.
Business Cycles
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Author : Sumru G. Altug
language : en
Publisher: World Scientific
Release Date : 2010
Business Cycles written by Sumru G. Altug and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
This title provides an overview of the modern theory and empirics of business cycles. The book examines the notion of a business cycle and discusses alternative approaches to modelling. It also discusses what lies ahead for modern business cycle theory.
Business Cycles
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Author : Victor Zarnowitz
language : en
Publisher: University of Chicago Press
Release Date : 1992-06-15
Business Cycles written by Victor Zarnowitz and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-06-15 with Business & Economics categories.
Victor Zarnowitz has long been a leader in the study of business cycles, growth, inflation, and forecasting. These papers represent a carefully integrated and up-to-date study of business cycles, reexamining some of his earlier research as well as addressing recent developments in the literature and in history. In part one, Zarnowitz reviews with characteristic insight various theories of the business cycle, including Keynesian and monetary theories as well as more recent rational expectations and real business cycle theories. In doing so, he examines how the business cycle may have changed as the size of government, the exercise of fiscal and monetary policies, the openness of the economy to international forces, and the industrial structure have evolved over time. Emphasizing important research from the 1980s, Zarnowitz discusses in part two various measures of the trends and cycles in economic activity, including output, prices, inventories, investment in residential and nonresidential structures, equipment, and other economic variables. Here the author explores the duration and severity of U.S. business cycles over more than 150 years, and evaluates the ability of macro models to simulate past behavior of the economy. In part three the performance of leading, coincident, and lagging indicators is described and assessed and evidence is presented on the value of their composite measures. Finally, part four offers an analysis of the degree of success of large commercial forecasting firms and of many individual economists in predicting the course of inflation, real growth, unemployment, interest rates, and other key economic variables. Business Cycles is a timely study, certain tobecome a basic reference for professional forecasters and economists in government, academia, and the business community.