Cyclicity - Unavoidable Process in the Economic Evolution

Băeşu Camelia ()
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Băeşu Camelia: „Ştefan cel Mare†University of Suceava

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 366-370

Abstract: In general, conditions of economic nature undergo changes; moderate expansions give often birth to inflation and it turn to recessions. Lately more and more economists have tried to approach a series of aspects concerned with the development of business cycle at macro-economic level, the relationship existing between business cycle at macro-economic level and business cycle specific to micro-economic one. When identifying a business cycle special attention is given to the periods in which the economic activity declines. The phases of cyclic movement are mutually conditioned and prepare in time the pr.

Keywords: Cycle; cyclicity; fluctuations; productivity (search for similar items in EconPapers)
JEL-codes: M16 M21 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:366-370

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