A critical view on the mainstream theory of economic cycles
By:
References
- Altug, G. Sumru “Business Cycles. Fact, Fallacy and Fantasy” World Scientific Publishing, 2010.10.1142/6934
- Borio, Claudio “ The Financial Cycle and Macroeconomics: What Have We learnt?”, BIS Working Papers No. 395 december 2012.
- Diebold, X Francis, Rudebusch, D. Glenn, “Business Cycles. Durations, Dynamics and Forecasting”, Princeton University Press, 1999.10.1515/9780691219585
- Friedman, Milton, Schwartz, J. Anna “Monetary History of the United States 1867-1960”, Princeton University Press, 1963.
- Friedman, Milton. (1963), “Inflation: Causes and Consequences”, Asia Publishing House, New York.
- Huerto de Soto, J.,2006 „Money, Bank Credit and Economic Cycles” Auburn, Ala.:Ludwig von Mises Institute.
- Krugman, P. R. & Torsten Persson & Lars E.O. Svensson, (1982). “Inflation, Interest Rates, and Welfare,” The Quarterly Journal of Economics, MIT Press, vol. 100(3), pages 677-95, August.10.2307/1884374
- -Kydland, E. Finn, Prescott, C. Edward “Time to Build and Aggregate Fluctuations”, Journal of the Econometric Society, 50, 6, November 1982.10.2307/1913386
- Kiyotaki, Nabuhiro “A perspective on Modern Business Cycle Theory”, Federal Reserve Bank of Richmond, Economic Quarterly, Vol. 97, No. 3, 2011.
- Keynes, John Maynard, “The General Theory of Employment, Interest, and Money”, MacMillan and Co., London, 1936.
- Long, B. John, Plosser, I. Charles “Real Business Cycles”, Journal of Political Economy, 91, (1), february 1983.10.1086/261128
- Lucas, R.E. (1972) “Expectations and the Neutrality of Money”. Journal of Economic Theory, 4 (2), 103-24. Reprinted in Lucas, 1981.10.1016/0022-0531(72)90142-1
- Lutz, G. Arnold “Business Cycle Theory”, Oxford University Press, 2002.10.1093/acprof:oso/9780199256815.001.0001
- Mises, L. v. (1966) “Human Action, A Treatise on Economics”, 3rd ed., Chicago: Henry Regnery, pp. 408-416.
- Stiglitz, J., (1988) “Imperfect Information, Credit Markets and Unemployment”, NBER Working Papers 2093, National Bureau of Economic Research, Inc.
- Samuelson, P. A. and all (including Friedman, M.) (1952) “Monetary Policy to Combat Inflation”, The American Economic Review, 42, 3 (Jun., 1952), 384-391.
Language: English
Page range: 48 - 58
Published on: Apr 18, 2019
Published by: Society for Business Excellence
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year
Keywords:
Related subjects:
© 2019 Radu Isaic, Tudor Smirna, Cristian Paun, published by Society for Business Excellence
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.