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....

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Bibliographic Details
Main Author: Gordon, Robert J.
Other Involved Persons: National Bureau of Economic Research
Format: eBook
Language:English
Published: Cambridge, Mass : National Bureau of Economic Research 1983
Series:NBER working paper series no. w1210
Item Description:October 1983
Physical Description:1 Online-Ressource
Format:Mode of access: World Wide Web.
System requirements: Adobe [Acrobat] Reader required for PDF files.
DOI:10.3386/w1210
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