The Long Wave Cycle
Author: Николай Дмитриевич Кондратьев
Publisher: [New York] : Richardson & Snyder
Published: 1984
Total Pages: 160
ISBN-13:
DOWNLOAD EBOOK →Author: Николай Дмитриевич Кондратьев
Publisher: [New York] : Richardson & Snyder
Published: 1984
Total Pages: 160
ISBN-13:
DOWNLOAD EBOOK →Author: Solomos Solomou
Publisher: Manchester University Press
Published: 1998
Total Pages: 150
ISBN-13: 9780719041518
DOWNLOAD EBOOK →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?
Author: Nikolai D. Kondratieff
Publisher: Ravenio Books
Published:
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOK →THE idea that the dynamics of economic life in the capitalistic social order is not of a simple and linear but rather of a complex and cyclical character is nowadays generally recognized. Science, however, has fallen far short of clarifying the nature and the types of these cyclical, wave-like movements. When in economics we speak of cycles, we generally mean seven to eleven year business cycles. But these seven to eleven year movements are obviously not the only type of economic cycles. The dynamics of economic life is in reality more complicated. In addition to the above-mentioned cycles, which we shall agree to call “intermediate,” the existence of still shorter waves of about three and one-half years’ length has recently been shown to be probable. But that is not all. There is, indeed, reason to assume the existence of long waves of an average length of about 50 years in the capitalistic economy, a fact which still further complicates the problem of economic dynamics.
Author: J.J. Van Duijn
Publisher: Routledge
Published: 2013-11-05
Total Pages: 235
ISBN-13: 1136599940
DOWNLOAD EBOOK →Of all fluctuations in economic activity, the long wave or Kondratieff cycle is easily the most puzzling and least understood one. Does it really exist, and if so, is it only a cycle in prices or a cycle in economic activity at large? What causes it, and has it been confined to Europe or does it affect the world economy as a whole? These questions, which seemed of little relevance in the prosperous years of the postwar growth era, have gained new importance since 1973. With the downturn of the long wave, interest in it has enjoyed a revival, as it did in the 1930s. A great number of publications on the long wave have appeared since 1973, many of which have added to our insight of what causes the recurrent alternations of growth acceleration and retardation. This book is the first in the English language in which all important long wave theories, old as well as recent, are brought together. It focuses on the long wave as an international phenomenon, affecting all industrialised countries. It contains new theory as well as empirical evidence and in the final section suggests a number of policy recommendations to generate innovation. This book offers an interpretation of long-term economic development different from those commonly found in the literature. It will be of interest to students and scholars of the economics of growth and change, as well as to economic historians and policy-makers. This book was first published in 1983.
Author: John Sterman
Publisher: Legare Street Press
Published: 2023-07-18
Total Pages: 0
ISBN-13: 9781021194121
DOWNLOAD EBOOK →This scholarly work offers a new perspective on long-term economic cycles and their impact on business. Drawing on behavioral and systems theory, the authors make a compelling case for rethinking how we understand and approach economic changes. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: Willi Semmler
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 404
ISBN-13: 9401113645
DOWNLOAD EBOOK →In macrodynamics and business cycle analysis we find nowadays a variety of approaches elaborating frameworks for studying the fluctuations in economic and financial data. These approaches are viewed from Keynesian, monetarist and rational expectations standpoints. There are now also numerous empirical methods for the testing of nonlinear data generating mechanisms. This volume brings together a selection of contributions on theories of the business cycle and new empirical methods and synopsizes the new results. The volume (i) gives an overview of current models and modern concepts and tools for analyzing the business cycle; (ii) demonstrates, where possible, the relation of those models to the history of business cycle analysis; and (iii) presents current work, surveys and original work, on new empirical methods of studying cycle generating mechanisms.
Author: Jan Reijnders
Publisher: Edward Elgar Publishing
Published: 1990
Total Pages: 328
ISBN-13:
DOWNLOAD EBOOK →Presenting the history of long wave analysis from its origins to the present day and stressing its intimate relationship with the development of business cycle theory, this acclaimed study offers a thorough critique of conventional long wave analysis.
Author: Tibor Vasko
Publisher: Springer
Published: 1990-05-09
Total Pages: 326
ISBN-13:
DOWNLOAD EBOOK →This collection of papers presents views and research results on long waves and on life cycles and illustrates the causal relationship between these two processes. The authors include leading researchers in the field and managers from industry who have tried to apply the knowledge on life cycles and long waves in business decision-making and who describe the factors that have to be taken into account. The papers contain a large amount of data in condensed form which convey the long-term dynamics of underlying processes. The applied analyses of individual cases also serve as illustrations of a mature methodology. The book should interest not only students and re searchers investigating the dynamics of technology but also businessmen who wish to obtain a long-term perspective on the development of technology and economy.
Author: Wesley Clair Mitchell
Publisher: National Bureau of Economic Research
Published: 1927
Total Pages: 536
ISBN-13:
DOWNLOAD EBOOK →Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
Published: 2020-05-29
Total Pages: 50
ISBN-13: 1513536990
DOWNLOAD EBOOK →Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.