Theory

Thierry Aimar (), Francis Bismans and Claude Diebolt
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Thierry Aimar: Université de Lorraine

Chapter Chapter 2 in Business Cycles in the Run of History, 2016, pp 7-27 from Springer

Abstract: Abstract Technical progress and economic growth occur mainly in cycles of efforts and tensions, with breaks of various scales and intensity. Economic history shows how relativistic these movements are: they are not necessarily to be found in all economic systems nor in all countries. Some characterise a period, others an economy. Hence the nature of each cycle depends on the socio-economic systems which generate it, although their causes and periodicities might vary through history, depending on the economic structures of the countries in question. However, without a theory or a combination of theories, the study of economic cycles is both impractical and sterile.

Keywords: Business cycles; Cliometrics; Economics; Economic growth; Economic history; History; History of economic thought; Methodology (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-319-24325-2_2

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DOI: 10.1007/978-3-319-24325-2_2

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