Exogenity as a Challenge of the Modern Economic Theory

Shteryo Nozharov

Economy and Economic Theory: Problems and Interactions, Conference Proceedings 2017, 2017, issue 1, 108-117

Abstract: The debates of the modern economic theory, dedicated to the exogenously caused macroeconomic shocks, are analyzed in the current paper. The impulses and propagation of these macroeconomic shocks are also systematized in the study. A special attention is paid to the technology shocks and the asymmetrical threats. The main objective of the research is to be discussed if the underestimated exogenous factors or the favored endogenous factors cause the business cycle fluctuations.

Keywords: business cycle; exogenous macroeconomic shocks; modern economic theory (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vra:pr1712:y:2017:i:1:p:108-117

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