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Chapter 1 in BUSINESS CYCLES:Fact, Fallacy and Fantasy, 2009, pp 1-5 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractIn the opening page of the book Business Cycles published in 1927, Wesley Mitchell [163] comments as thus: "As knowledge of business cycles grows, more effort is required to master it." Ever since, there have been many developments in the field of business cycles. This book describes these new developments…

Keywords: Business Cycles; Shocks and Propagation Mechanisms; Calibration; Matching Model to Data (search for similar items in EconPapers)
JEL-codes: F44 E00 F00 (search for similar items in EconPapers)
Date: 2009
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