Cyclical Growth in Market and Planned Economies pdf epub fb2

Cyclical Growth in Market and Planned Economies by - epub fb2 djvu

Author: -
Title: Cyclical Growth in Market and Planned Economies
ISBN: 0198283148
ISBN13: 978-0198283140
Other Formats: rtf azw lrf lrf
Pages: 224 pages
Publisher: Oxford University Press (February 25, 1993)
Language: English
Size EPUB version: 1638 kb
Size FB2 version: 1503 kb
Category: Other
Subcategory: Business & Finance

This book presents a comprehensive approach for analysing and explaining economic fluctuations developed by the editor and his associates at the University of Munich over the last two decades. The approach is distinct from both Keynesianism and Real Business Cycle Theory--the dominant macroeconomic paradigms of recent decades, and is representative of an alternative: the Disequilibrium Theory of Cyclical Growth. Following the methodology of the natural sciences, the book emphasizes the need for determining the stylized facts of economic fluctuations independently of the explanatory models. New methods for analysing short economic time series are employed.

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