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Among the most revolutionary and productive areas of economic research over the last two decades, modern business cycle theory is finally made accessible to students and professionals in this rigorous, unified, introductory volume. This theory starts with the view that growth and fluctuations are not distinct phenomena to be studied separately - and that business cycles result from shocks (such as the availability of new technologies), which regularly affect most economies. The unifying theme of this book is the use of the neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting recent advances in dynamic economic theory and computational methods - with emphasis on the construction of equilibrium paths for simple artificial economies - leading experts orient readers in the quantitative study of aggregate fluctuations and apply its concepts to key issues in macroeconomics and business cycle theory.

Business cycles --- Research --- History. --- 330.33 --- -AA / International- internationaal --- 331.060 --- 331.030 --- 304.4 --- 331.05 --- 331.00 --- 338.542 --- Economic cycles --- Economic fluctuations --- Cycles --- Financial crises --- Conjunctuurtheorieen. Krisistheorieen. Kondratiefcyclus --- -History --- Beïnvloeding van de economische bewegingen: algemeenheden. --- Conjunctuurschommelingen: algemeenheden. --- Cyclische veranderingen. --- Econometrische analyse van de economische bewegingen en cycli. --- Economische bewegingen: algemeenheden. --- 330.33 Conjunctuurtheorieen. Krisistheorieen. Kondratiefcyclus --- AA / International- internationaal --- Research&delete& --- History --- Cyclische veranderingen --- Economische bewegingen: algemeenheden --- Conjunctuurschommelingen: algemeenheden --- Econometrische analyse van de economische bewegingen en cycli --- Beïnvloeding van de economische bewegingen: algemeenheden --- Afio-American. --- Barkley, Alben W. --- Byrd, Harry F. --- Civilian Conservation Corps (CCC). --- Clark, Kenneth B. --- Costigan, Edward P. --- Daniels, Jonathan. --- Dawson, William L. --- Farley, James A. --- Hill, T. Arnold. --- Hopkins, Harry. --- Jones, J. Raymond. --- Kent, Frank R. --- McDuffie, Elizabeth. --- Mclntyre, Marvin. --- Neal, Claude. --- New York Amsterdam News. --- New York City. --- Oxley, Lawrence A. --- Pittsburgh Courier. --- Randolph, A. Philip. --- Robinson, Joseph T. --- Smith, Alfred Edgar. --- Stimson, Henry L. --- Talmadge, Eugene. --- Tuskegee Institute. --- antilynching legislation. --- election of 1936. --- lynchings. --- patronage. --- Cycles economiques --- Macroeconomie. --- Business cycles. --- BUSINESS & ECONOMICS --- Business economics --- Economics --- Industrial management --- Management --- Microeconomics --- Recherche. --- Research. --- General. --- Histoire --- Business cycles - Research - History. --- Analyse macroéconomique --- Économie globale --- Macro-économie --- Macroéconomie --- Économie politique --- Cycles d'affaires --- Fluctuations économiques --- Conjoncture économique --- Crises économiques --- Cycles financiers --- Cycles longs (économie politique) --- Cycles majeurs (économie politique) --- Développement économique --- Multiplicateur (économie politique) --- Prévision économique --- Récessions --- Stabilisation économique --- Stagnation (économie politique) --- Surproduction --- Logiciels --- Modèles mathématiques --- BUSINESS CYCLES --- RESEARCH --- HISTORY