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The Causes of American Business Cycles: An Essay in Economic Historiography

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NBER1998-08-01 更新2025-01-04 收录
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This paper surveys the causes of American business cycles for the century 1890 - 1990. Causes are taken to be exogenous shocks to a model with largely endogenous policy makers. Causes are classified as either real or monetary and domestic or foreign. All four causes were found to have led to cycles

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1998-08-01
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