The business cycle: periodic pandemic or rollercoaster ride?

James Morley

International Journal of Economic Policy Studies, 2019, vol. 13, issue 2, No 10, 425-431

Abstract: Abstract I selectively survey the literature on business cycle asymmetry to consider theoretical sources of asymmetry, policy implications, empirical evidence, and further issues around the idea that recessions are more like “periodic pandemics” than the inevitable downturn after an expansionary climb on a “rollercoaster ride”.

Keywords: Business cycle asymmetry; Trend-cycle decomposition; State-dependent fiscal and monetary policy (search for similar items in EconPapers)
JEL-codes: E32 E63 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1007/s42495-019-00023-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:ijoeps:v:13:y:2019:i:2:d:10.1007_s42495-019-00023-z

Ordering information: This journal article can be ordered from
https://www.springer ... policy/journal/42495

DOI: 10.1007/s42495-019-00023-z

Access Statistics for this article

International Journal of Economic Policy Studies is currently edited by Akira Maeda

More articles in International Journal of Economic Policy Studies from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().