Overview

This balanced overview of business cycles and econometric forecasting examines both the leading indicators as well as standard econometric regression and correlation techniques. The authors emphasize the internal dynamics of cycle to help students truly understand how it works, covering Post Keynesian, neo-Marxian, and institutionalist approaches as well as the most orthodox theories. In addition, the text presents empirical description of the cycle using the descriptive method of the National Bureau of Economic Research.

Full Product Details

Author:   David X. Kolk ,  David X. Kolk
Publisher:   Pearson Education (US)
Imprint:   Longman Inc
Dimensions:   Width: 24.00cm , Height: 2.80cm , Length: 19.20cm
Weight:   0.907kg
ISBN:  

9780065011395

ISBN 10:   0065011392
Pages:   552
Publication Date:   08 January 1996
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   Out of stock  

Table of Contents

I. HISTORY AND FRAMEWORK OF THE ANALYSIS. 1. Aggregate Supply, Demand, and Profits. 2. History of the Business Cycle. 3. Measurement of the Business Cycle. II. SOME COMPONENTS OF REVENUE AND COST. 4. Consumption. 5. Investment. 6. Functional Income Distribution: Labor Income and Property Income. 7. Material Costs and Profits. III. THEORIES OF THE CYCLE. 8. Business Cycle Theories Before Keynes. 9. Business Cycle Theories After Keynes. 10. The Multiplier-Accelerator Model. 11. Demand-Side Theories. 12. Supply-Side or Cost Theories of the Business Cycle. 13. Profit Squeeze (or Nutcracker) Theory of the Cycle. IV. ADDING REALISM TO THE BASIC MODEL. 14. Credit and Financial Crises. 15. Monopoly Power, Inflation, and Business Cycles. 16. The International Economy and Business Cycles. 17. Government Fiscal Behavior and Policy. 18. How to Prepare a Forecast. 19. The Indicator Approach. 20. Time Series Models. 21. Econometric Models. 22. Examples of Forecasting and Models.

Reviews

Author Information

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions