ENGLISH

Is the Economic Cycle Still Alive?: Theory, Evidence and Policies

By Mario Baldassarri , Paolo Annunziato (eds.)

Book information

Publisher
Palgrave Macmillan UK
Year
1994
ISBN
978-1-349-23185-0, 978-1-349-23183-6, 978-0-312-10380-4
DOI
10.1007/978-1-349-23183-6
Language
english
Format
PDF
Filesize
26 MB (26746291 bytes)
Series
Central Issues in Contemporary Economic Theory and Policy
Edition
1
Pages
IV, 303\298
Time added
2016-03-14 21:35:01
Macroeconomics/Monetary Economics//Financial Econo

Description

We are now living in a period of disillusion in the ability of economic policy to stabilise the economy. This is proven by the onset of severe world recession in the early 1980s and the inability to invert the negative phase of the business cycle under way in the industrialized countries in the early 1990s. The failure of old policies motivates the research into the causes of economic fluctuations and their measurement whose results are published in this volume

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