کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1120340 | 1488497 | 2012 | 5 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Business cycle theories and their relevance to the current global crisis
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موضوعات مرتبط
علوم انسانی و اجتماعی
علوم انسانی و هنر
هنر و علوم انسانی (عمومی)
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
Ever since the onset of the recent crisis, monetary business cycle theories have started to regain their relevance and timeliness in explaining business fluctuations. According to these theories, it is monetary mismanagement that lies at the bottom of macroeconomic dysfunctions in the intertemporal allocation of resources. This paper presents the main theoretical implications of monetary business cycle models, regarding the causes of the cycle and the appropriate policies required to overcome recessions. In addition, we investigate whether, at the policy level, macroeconomists are indeed addressing the causes of the business cycle, in order to provide feasible solutions to end recessions.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Procedia - Social and Behavioral Sciences - Volume 62, 24 October 2012, Pages 239-243
Journal: Procedia - Social and Behavioral Sciences - Volume 62, 24 October 2012, Pages 239-243