Recessions and depressions : understanding business cycles /
Todd A. Knoop.
- 2nd ed.
- Santa Barbara, CA : Praeger, c2010.
- 280 p. : ill ; 25 cm.
Why study business cycles? -- Describing business cycles -- Early business cycle theories -- Keynes' and Keynesian theory -- The monetarist model -- The rational expectations model -- Real business cycle models -- New Keynesian models -- Models of credit and financial instability -- Macroeconomic forecasting -- The great depression -- Postwar business cycles in the U.S -- The East Asian crisis and the IMF -- The great recession in Japan -- The 2007 global financial crisis -- Conclusions-what we know and do not know about business cycles.
Discusses economic forecasting, explains the economic downturns known as recessions and depressions based on various theories and models, and discusses the overall effects of the Great Depression, the Asian financial crisis of the 1990s, the 2001 recession in the United States, and related topics.
9780313381638 (trade : alk. paper) 0313381631
2009036152
Business cycles. Economic forecasting. Business cycles--History.--United States Business cycles--History--20th century. Business cycles. Economic forecasting. Business cycles--History.--United States Business cycles--History.