Titlebook: Business Cycles: Theories, Evidence and Analysis; Niels Thygesen,Kumaraswamy Velupillai,Stefano Zamb Book 1991 Palgrave Macmillan, a divis

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Rationality and Cycles in the Multiplier- Accelerator Modelstent with positive profits. Because of arbitrage condition between capital and bonds, the stock market value, q, of one unit of operative capital is the only flexible price. In this section we consider the intertemporal programme of the consumer.

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flammable

Rosa Martínez,Jesús Ruiz-Huertaow if it is possible that despite the absence of any shocks, a stationary environment exhibits a non-stationary time-path as a consequence of the dynamic strategic interaction between the economic actors.

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obeisance

Towards an Ontology of Explanations a comprehensive and detailed analysis of all the literature in the field. This task is beyond the limited scope of the present paper. Our purpose is to accentuate several controversial problems which seem to be crucial for the future development of long-cycles studies.

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Theories of the Trade Cycledition for such oscillations is negative damping for small deviations and a rather rapidly increasing positive damping for large deviations from the equilibrium position. The psychological response of certain groups of people to changing business conditions shows doubtless some analogy to the behavi

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Business Cycles, Manias and Panics in Industrial Societies50, 1650, 1817 and 1973–4 (Braudel, 1984, p. 78), the Kondratieff (1935) of fifty years, and the Kuznets cycle of twenty years (Kuznets, 1958), not to mention the Brinley Thomas international cycles linked across the Atlantic by migration, again of twenty years (Thomas, 1954). I have in mind much mo

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compel

A Constructive Approach to Economic Fluctuationsions with the recent advances in neuroscience and the earlier research of Turing, McCulloch, Godel and Church.. We claim that the spectacular innovations in computer-neuroscience and bio- logical-neuroscience clarify the limitations of modern economics flowing from both its static foundations and it