Economic Cycles: Long Cycles and Business Cycles Since 1870
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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?
Format:Hardcover
Language:English
ISBN:0719041503
ISBN13:9780719041501
Release Date:September 1998
Publisher:Manchester University Press
Length:112 Pages
Weight:0.67 lbs.
Dimensions:0.6" x 5.5" x 8.7"
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