Business cycles: fact, fallacy and fantasy
This book provides an overview of the modern theory and empirics of business cycles. Written by one of the pioneering authors in this field, it examines the notion of a business cycle and discusses alternative approaches to modeling. Arguably, one of the most important debates in this literature has...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore
World Scientific Pub. Co.
c2010
|
| Schlagworte: | |
| Online-Zugang: | FHN01 Volltext |
| Zusammenfassung: | This book provides an overview of the modern theory and empirics of business cycles. Written by one of the pioneering authors in this field, it examines the notion of a business cycle and discusses alternative approaches to modeling. Arguably, one of the most important debates in this literature has been the issue of "matching" a business cycle to the data. In their original contribution, Kydland and Prescott (1982) proposed the method of calibration as a way of examining the implications of a business cycle model; yet, even at its inception, this approach came under criticism from a variety of sources. This monograph will examine some of these criticisms and discuss alternative approaches that have been put forward. More generally, it will discuss what lies ahead for modern business cycle theory |
| Beschreibung: | viii, 152 p. ill. (some col.) |
| ISBN: | 9789812832788 |
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| id | DE-604.BV044636980 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T07:57:50Z |
| institution | BVB |
| isbn | 9789812832788 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-030034953 |
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| physical | viii, 152 p. ill. (some col.) |
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| publishDate | 2010 |
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| spelling | Altug, Sumru Verfasser aut Business cycles fact, fallacy and fantasy Sumru G. Altug Singapore World Scientific Pub. Co. c2010 viii, 152 p. ill. (some col.) txt rdacontent c rdamedia cr rdacarrier This book provides an overview of the modern theory and empirics of business cycles. Written by one of the pioneering authors in this field, it examines the notion of a business cycle and discusses alternative approaches to modeling. Arguably, one of the most important debates in this literature has been the issue of "matching" a business cycle to the data. In their original contribution, Kydland and Prescott (1982) proposed the method of calibration as a way of examining the implications of a business cycle model; yet, even at its inception, this approach came under criticism from a variety of sources. This monograph will examine some of these criticisms and discuss alternative approaches that have been put forward. More generally, it will discuss what lies ahead for modern business cycle theory Business cycles Erscheint auch als Druck-Ausgabe 9789812832764 (hbk.) Erscheint auch als Druck-Ausgabe 9812832769 (hbk.) http://www.worldscientific.com/worldscibooks/10.1142/6934#t=toc Verlag URL des Erstveroeffentlichers Volltext |
| spellingShingle | Altug, Sumru Business cycles fact, fallacy and fantasy Business cycles |
| title | Business cycles fact, fallacy and fantasy |
| title_auth | Business cycles fact, fallacy and fantasy |
| title_exact_search | Business cycles fact, fallacy and fantasy |
| title_full | Business cycles fact, fallacy and fantasy Sumru G. Altug |
| title_fullStr | Business cycles fact, fallacy and fantasy Sumru G. Altug |
| title_full_unstemmed | Business cycles fact, fallacy and fantasy Sumru G. Altug |
| title_short | Business cycles |
| title_sort | business cycles fact fallacy and fantasy |
| title_sub | fact, fallacy and fantasy |
| topic | Business cycles |
| topic_facet | Business cycles |
| url | http://www.worldscientific.com/worldscibooks/10.1142/6934#t=toc |
| work_keys_str_mv | AT altugsumru businesscyclesfactfallacyandfantasy |