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Bücher Englische Bücher Wissen & Bildung Sozialwissenschaft, Recht, Wirtschaft Wirtschaft Volkswirtschaft The Business Cycle: Theories and Evidence
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The Business Cycle: Theories and Evidence
(Broschiert, Englisch)
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Beschreibung
These proceedings, from a conference held at the Federal Reserve Bank of St. Louis on October 17-18, 1991, attempted to layout what we currently know about aggregate economic fluctuations. Identifying what we know inevitably reveals what we do not know about such fluctuations as well. From the vantage point of where the conference's participants view our current understanding to be, these… proceedings can be seen as suggesting an agenda for further research. The conference was divided into five sections. It began with the formu lation of an empirical definition of the "business cycle" and a recitation of the stylized facts that must be explained by any theory that purports to capture the business cycle's essence. After outlining the historical develop ment and key features of the current "theories" of business cycles, the conference evaluated these theories on the basis of their ability to explain the facts. Included in this evaluation was a discussion of whether (and how) the competing theories could be distinguished empirically. The conference then examined the implications for policy of what is known and not known about business cycles. A panel discussion closed the conference, high lighting important unresolved theoretical and empirical issues that should be taken up in future business cycle research. What Is a Business Cycle? Before gaining a genuine understanding of business cycles, economists must agree and be clear about what they mean when they refer to the cycle. 106,99 €
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Technische Daten
Erscheinungsdatum
24.12.2012
Sprache
Englisch
EAN
9789401053129
Herausgeber
Springer Netherland
Sonderedition
Nein
Seitenanzahl
209
Einbandart
Broschiert
Buch Untertitel
Proceedings of the Sixteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis
Schlagwörter
Bank, Keynes, economic policy
Thema-Inhalt
KCB - Makroökonomie
KCH - Ökonometrie und Wirtschaftsstatistik
KFF - Finanzenwesen und Finanzindustrie
Höhe
235 mm
Breite
15.5 cm
Transparenz & Sicherheit
Hersteller: Springer Nature Customer Service Center GmbH, Europaplatz 3, Heidelberg, Deutschland, 69115, ProductSafety@springernature.com
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