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Has the Business Cycle Been Abolished?

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NBER1999-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6367
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Long business expansions have repeatedly generated expectations of self- perpetuating prosperity, yet it is clear that such popular forecasts always proved wrong eventually. Few business cycle peaks are successfully predicted; indeed, most are publicly recognized only with lengty delays. Analysts
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1999-04-01
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