Business Cycles and Depressions: An Encyclopedia
David Glasner, Thomas F. Cooley, Larry Murphy
Taylor & Francis, 1997 - Business & Economics - 779 pages
Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 327 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. The Encyclopedia introduces readers to the principal ideas, concepts, facts, and events and provides a guide to the most important published literature. The articles about specific historical episodes will be especially helpful for charting patterns and constructing theoretical scenarios. Avoiding jargon and highly technical language, the material is accessible to nonspecialists interested in learning about business cycles in general or about a particular phase of a cycle. Bibliographies after each entry and an index are included. A chronology of major business cycles in the U.S. completes the coverage.
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adjustment aggregate analysis assets Bank of England Bibliography boom business cycles business-cycle theory Cambridge Univ capital cause central bank changes cointegration consumption crises crisis currency Currency School cyclical debt decline demand depression developed dynamic Econometric economists edited effects empirical employment endogenous equation equilibrium Essays etary exogenous expansion expectations Federal Reserve firms fluctuations Free Banking Friedman function gold standard growth Hayek income increase industrial inflation interest rates investment issue John Maynard Keynes Journal of Economics Keynes Keynes's Keynesian labor lags liquidity London Lucas critique Macmillan macroeconomic ment monetary policy money supply natural rate nomic output panic percent period Phillips curve Political Economy Press price level production rate of interest rate of profit rational expectations real wages recession reduced Ricardian equivalence rise role saving Say's Law sector shocks stability statistical tion trend United variables workers York
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