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© 1991

Business Cycles

Theories, Evidence and Analysis

  • Editors
  • Niels Thygesen
  • Kumaraswamy Velupillai
  • Stefano Zambelli
Book

Part of the International Economic Association book series (IEA)

Table of contents

  1. Front Matter
    Pages i-xxxiii
    PDF

  2. Introductory

    1. Front Matter
      Pages 1-1
      PDF
    2. Theories of the Trade Cycle
      Kumaraswamy Velupillai
      Pages 3-38

  3. The Distinguished Lectures

    1. Front Matter
      Pages 39-39
      PDF
    2. Business Cycles, Manias and Panics in Industrial Societies
      Charles P. Kindleberger
      Pages 41-55
    3. Cuspoidal Nets
      Ralph Abraham
      Pages 56-63
    4. A Constructive Approach to Economic Fluctuations
      John J. McCall
      Pages 64-104

  4. Equilibrium theories of the business cycle

    1. Front Matter
      Pages 105-105
      PDF
    2. Hours and Employment Variation in Business-Cycle Theory
      Finn E. Kydland, Edward C. Prescott
      Pages 107-134
    3. Cycles and Non-Stationary Equilibrium Search
      Chaim Fershtman, Arthur Fishman
      Pages 135-153

  5. Non-Equilibrium Macrodynamics of Fluctuations

    1. Front Matter
      Pages 155-155
      PDF
    2. Rationality and Cycles in the Multiplier- Accelerator Model
      J. P. Laffargue, P. Malgrange
      Pages 157-182
    3. Strange Attractors and Endogenous Business Cycle Theory
      Hans-Walter Lorenz
      Pages 183-204

  6. ‘Golden Age’ Fluctuations and Inter-war regimes:Two empirical studies

    1. Front Matter
      Pages 205-205
      PDF
    2. Money and Business Cycles in Britain, 1870–1913
      Forrest Capie
      Pages 207-228
    3. The Comparative Performance of Fixed and Flexible Exchange-Rate Regimes
      Barry Eichengreen
      Pages 229-275

  7. The Political Economy of long waves

    1. Front Matter
      Pages 277-277
      PDF
    2. Long Cycles
      Revold M. Entov, Andrey V. Poletayev
      Pages 279-301
    3. A War-Economy Theory of the Long Wave
      Joshua S. Goldstein
      Pages 303-328

  8. The times-series of econimic and political fluctuations: A theroretical analysis and an empirical exploration

    1. Front Matter
      Pages 329-329
      PDF

About this book

Introduction

The new classical revolution seems to have transformed macroeconomics into the theory of economic fluctuations. It is, in a sense, a return to the origins of macroeconomics as a discipline as fashioned by Hayek, Keynes and Lindahl. But the scope has shifted in the intervening five decades and more. It is this new scope - and the new tools that forge its expansion - that are surveyed and analysed in this volume.

Keywords

Keynes macroeconomics money

Bibliographic information