Economic Fluctuations and Stabilizing Policies

Gupta G S

No WP2003-01-04, IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: The paper discusses the extent and spread of economic fluctuations across selected countries during the Great Depression and the last over 40 years. Also, it analyses the possible causes of each major business cycle, the roles that the fiscal and monetary policies have played to counter them, and the inherent limitations of these policies in getting a total rid of all such fluctuations.

Date: 2003-01-04
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