The Long Wave Theory Confirmed by the Present Crisis

L. H. Dupriez

Chapter Chapter 3 in Controlling Industrial Economies, 1983, pp 51-59 from Palgrave Macmillan

Abstract: Abstract Since 1945, the long waves in economic life have been a subject very scantily treated in economics if not even rejected in economic literature published in English. Interest in the long-wave theory is reviving as a result of economic trends since 1974. But many still look askance at the problem, as it appears in a garb very different from the original association of the long wave with gold which many remember as being linked with the name of N.D. Kondratieff: indeed so associated with that name that Schumpeter once called the long wave the Kondratieff movement (see Kondratieff, 1925).

Keywords: Monetary Policy; Nominal Wage; Price Inflation; Credit System; Basic Industry (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06340-6_3

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DOI: 10.1007/978-1-349-06340-6_3

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