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: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore ; Hackensack, NJ :
World Scientific,
©2010.
|
| Schlagworte: | |
| Online-Zugang: | DE-862 DE-863 |
| 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: | 1 online resource (viii, 152 pages) : illustrations |
| Bibliographie: | Includes bibliographical references (pages 139-149) and index. |
| ISBN: | 9789812832788 9812832785 |
Internformat
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| 520 | |a 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. | ||
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| spelling | Altug, Sumru. Business cycles : fact, fallacy and fantasy / Sumru G. Altug. Singapore ; Hackensack, NJ : World Scientific, ©2010. 1 online resource (viii, 152 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier data file Includes bibliographical references (pages 139-149) and index. Facts -- Models of business cycles -- International business cycles -- New Keynesian models -- Business cycles in emerging market economies -- Matching the model to the data -- Future areas for research. 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. Print version record. Business cycles. Cycles économiques. BUSINESS & ECONOMICS Economics Microeconomics. bisacsh Industry. eflch Business cycles fast Konjunkturzyklus. idsbb has work: Business cycles (Text) https://id.oclc.org/worldcat/entity/E39PCFwRHc8D9Pq4jFBY3FVf4q https://id.oclc.org/worldcat/ontology/hasWork Print version: Altug, Sumru. Business cycles. Singapore ; Hackensack, NJ : World Scientific, ©2010 9789812832764 (DLC) 2009034620 (OCoLC)237885519 |
| spellingShingle | Altug, Sumru Business cycles : fact, fallacy and fantasy / Facts -- Models of business cycles -- International business cycles -- New Keynesian models -- Business cycles in emerging market economies -- Matching the model to the data -- Future areas for research. Business cycles. Cycles économiques. BUSINESS & ECONOMICS Economics Microeconomics. bisacsh Industry. eflch Business cycles fast Konjunkturzyklus. idsbb |
| 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. Cycles économiques. BUSINESS & ECONOMICS Economics Microeconomics. bisacsh Industry. eflch Business cycles fast Konjunkturzyklus. idsbb |
| topic_facet | Business cycles. Cycles économiques. BUSINESS & ECONOMICS Economics Microeconomics. Industry. Business cycles Konjunkturzyklus. |
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