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Business cycles = fact, fallacy and ...

Altug, Sumru.{me_controlnum}

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Business cycles = fact, fallacy and fantasy /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Business cycles/ Sumru G. Altug.
Reminder of title:	fact, fallacy and fantasy /
Author:	Altug, Sumru.{me_controlnum}
Published:	Singapore ;World Scientific Pub. Co., : c2010.,
Description:	viii, 152 p. :ill. (some col.)
Subject:	Business cycles. -
Online resource:	http://www.worldscientific.com/worldscibooks/10.1142/6934#t=toc
ISBN:	9789812832788 (electronic bk.)

Business cycles = fact, fallacy and fantasy /
Altug, Sumru.{me_controlnum}

Business cyclesfact, fallacy and fantasy /[electronic resource] :Sumru G. Altug. - Singapore ;World Scientific Pub. Co.,c2010. - viii, 152 p. :ill. (some col.)

Includes bibliographical references (p. 139-149) and index.

This book provides an overview of the modern theory and empirics of business cycles. Written by one of the pioneering authors in this field, it examines the notion of a business cycle and discusses alternative approaches to modeling. Arguably, one of the most important debates in this literature has been the issue of "matching" a business cycle to the data. In their original contribution, Kydland and Prescott (1982) proposed the method of calibration as a way of examining the implications of a business cycle model; yet, even at its inception, this approach came under criticism from a variety of sources. This monograph will examine some of these criticisms and discuss alternative approaches that have been put forward. More generally, it will discuss what lies ahead for modern business cycle theory.

Electronic reproduction.
Singapore :
World Scientific Publishing Co.,
2010.

System requirements: Adobe Acrobat Reader.

ISBN: 9789812832788 (electronic bk.)Subjects--Topical Terms:

594942
Business cycles.

LC Class. No.: HB3711

Dewey Class. No.: 338.5/42

Business cycles = fact, fallacy and fantasy /
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260 $a Singapore ; $a Hackensack, N.J. : $b World Scientific Pub. Co., $c c2010.
300 $a viii, 152 p. : $b ill. (some col.)
504 $a Includes bibliographical references (p. 139-149) and index.
520 $a This book provides an overview of the modern theory and empirics of business cycles. Written by one of the pioneering authors in this field, it examines the notion of a business cycle and discusses alternative approaches to modeling. Arguably, one of the most important debates in this literature has been the issue of "matching" a business cycle to the data. In their original contribution, Kydland and Prescott (1982) proposed the method of calibration as a way of examining the implications of a business cycle model; yet, even at its inception, this approach came under criticism from a variety of sources. This monograph will examine some of these criticisms and discuss alternative approaches that have been put forward. More generally, it will discuss what lies ahead for modern business cycle theory.
533 $a Electronic reproduction. $b Singapore : $c World Scientific Publishing Co., $d 2010. $n System requirements: Adobe Acrobat Reader. $n Mode of access: World Wide Web. $n Available to subscribing institutions.
650 0 $a Business cycles. $3 594942
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776 1 $z 9789812832764 (hbk.)
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