Standard-of-Living Aspirations and Economic Cycles*

David de la Croix

Chapter 13 in Advances in Macroeconomic Theory, 2001, pp 255-282 from Palgrave Macmillan

Abstract: Abstract One of the main tasks of macroeconomists is to explain why there are fluctuations in output and employment and why growth is not a steady process.

Keywords: Social Capital; Business Cycle; Habit Formation; Poverty Trap; European Economic Review (search for similar items in EconPapers)
Date: 2001
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Working Paper: Standard-of-Living Aspirations and Economic Cycles (2000)
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DOI: 10.1057/9780333992753_13

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