Theory and History Behind Business Cycles: Are the 1990s the Onset of a Golden Age?
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The disputes over the prospects for the current U.S. expansion reopen the issue of the causes of business cycles. A recurrent concern about the present is that expectations of business profits and market returns may be outrunning the economy's potential to deliver. The theory presented in this paper
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美国国家经济研究局创建时间：
1999-03-01
