Business Fluctuations, Growth, and Economic Stabilization
Title | Business Fluctuations, Growth, and Economic Stabilization PDF eBook |
Author | John J. Clark |
Publisher | |
Pages | 712 |
Release | 1963 |
Genre | Business cycles |
ISBN |
Business fluctuations, growth, and economic stabilization
Title | Business fluctuations, growth, and economic stabilization PDF eBook |
Author | John J. Clark |
Publisher | |
Pages | 682 |
Release | 1963 |
Genre | |
ISBN |
Hysteresis and Business Cycles
Title | Hysteresis and Business Cycles PDF eBook |
Author | Ms.Valerie Cerra |
Publisher | International Monetary Fund |
Pages | 50 |
Release | 2020-05-29 |
Genre | Business & Economics |
ISBN | 1513536990 |
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.
The Rediscovery of the Business Cycle
Title | The Rediscovery of the Business Cycle PDF eBook |
Author | Paul A. Volcker |
Publisher | New York : Free Press |
Pages | 104 |
Release | 1978 |
Genre | Business & Economics |
ISBN |
Economic Fluctuations
Title | Economic Fluctuations PDF eBook |
Author | Maurice Wentworth Lee |
Publisher | |
Pages | 690 |
Release | 1959 |
Genre | Business cycles |
ISBN |
Inventory Fluctuations and Economic Stabilization
Title | Inventory Fluctuations and Economic Stabilization PDF eBook |
Author | United States. Congress. Joint Economic Committee. Subcommittee on Economic Stabilization, Automation, and Energy Resources |
Publisher | |
Pages | 270 |
Release | 1962 |
Genre | Business cycles |
ISBN |
Examines inventory accumulation and depletion in relation to general economic activity, business growth, and industrial capacity.
Business Fluctuations, Growth, and Economic Stabilization; A Reader. Edited by John J. Clark Morris Cohen
Title | Business Fluctuations, Growth, and Economic Stabilization; A Reader. Edited by John J. Clark Morris Cohen PDF eBook |
Author | John J. Clark (Ed) |
Publisher | |
Pages | 682 |
Release | 1963 |
Genre | Business cycles |
ISBN |