Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Business Cycle Theory

Business Cycle Theory

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783540510598
Condition
New
Product Description

"Is the business cycle obsolete?" This often cited title of a book edited by Bronfenbren ner with the implicit affirmation of the question reflected the attitude of mainstream macroeconomics in the 1960s regarding the empirical relevance of cyclic motions of an economy. The successful income policies, theoretically grounded in Keynesian macroec onomics, seemed to have eased or even abolished the fluctuations in Western economies which motivated studies of many classical and neoclassical economists for more than 100 years. The reasoning behind the conviction that business cycles would increasingly be come irrelevant was rather simple: if an economy fluctuates for whatever reason, then it is almost always possible to neutralize these cyclic motions by means of anticyclic demand policies. From the 1950s until the mid-1960s business cycle theory had often been consid ered either as an appendix to growth theory or as an academic exercise in dynamical economics. The common business cycle models were essentially multiplier-accelerator models whose dependence on particular parameter values (in order to exhibit oscillatory motion) suggested a rather improbable occurrence of persistent fluctuations. The obvi ous success in compensating business cycles in those days prevented intensive concern with the occurrence of cycles. Rather, business cycle theory turned into stabilization theory which investigated theoretical possibilities of stabilizing a fluctuating economy. Many macroeconomic textbooks appeared in the 1960s which consequently identified business cycle theory with inquiries on the possibilities to stabilize economies by means of active fiscal or monetary policies.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Blast Mitigation

$169.99

If You Were a Kid During the American Revolution

$5.96

Natural Interaction with Robots, Knowbots and Smartphones

$219.99

Fixed Income Analytics

$49.99

Advanced Materials and Engineering Technologies

$219.99

Languages Cultures Worldviews

$169.99

Clinical Gastrointestinal Endoscopy

$159.00

IoT Solutions in Microsoft's Azure IoT Suite

$79.99

Daniel Defoe's A Journal of the Plague Year and Covid-19

$49.99

Music and Human-Computer Interaction

$84.99

The Multidimensionality of Hermeneutic Phenomenology

$109.99

Growth Mechanisms and Sustainability

$99.00

Optimierung kinematischer Eigenschaften von ebenen Kurbelgetrieben unter Einsatz eines Digigraphic-B

$69.99

Culture, Diversity and Heritage: Major Studies

$54.99

Basic Coastal Engineering

$84.99

Proceedings of the XI International Scientific Conference "Digital Transformation of the Economy: Ch

$219.99

Food Security and Sustainability

$139.99

Baa, Baa, Black Sheep

$4.46

Compounds with 13 to 19 Carbon Atoms

$549.99

Die Garnverarbeitung

$59.99

Attention Deficit Hyperactivity Disorder

$169.00

Algorithms and Computation

$54.99

Der mnnliche Habitus

$64.99

Geographical Design

$99.99

Reversible Logic Synthesis Methodologies with Application to Quantum Computing

$109.99

Little Red Lighthouse And The Great Gray Bridge (Hardcover)

$17.99

The Advent of Universal Protection of Human Rights

$89.99

Simulationen in BASIC

$69.95

3D-Druck mit lebenden Zellen

$79.99

Rapid Serial Visual Presentation

$54.99

Molecular Pathogenesis of Colorectal Cancer

$169.99

The Pollination Biology of North American Orchids: Volume 1

$169.99

Tragwerkslehre in Anschauungsmodellen

$49.99

Die Literarische Formenlehre

$44.99

Rough Sets and Current Trends in Computing

$84.99

War and Peace (Barnes & Noble Collectible Editions) by Leo Tolstoy

$25.00

The Complete Modern Pantry- 350+ Ways to Cook Well with What's on Hand by America's Test Kitchen

$34.99

Gabe versus Tausch

$79.99

Ideologies of Marginality in Brazilian Hip Hop

$54.99

Friedr. Vieweg & Sohn Verlagskatalog

$44.99