Using Monetary Control to Dampen the Business Cycle : A New Set of First Principles
This paper reviews the main characteristics of cyclical behavior in the postwar U. S. economy and reviews the arguments for and against an activist stabilization policy to dampen business cycles. Four major behavioral characteristics are identified from summary data on U. S.postwar business cycles....
|Other Involved Persons:|
National Bureau of Economic Research
|Series:||NBER working paper series
no. w1210 |
|Item Description:||October 1983|
|Physical Description:||1 Online-Ressource|
|Format:||Mode of access: World Wide Web.|
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