Business cycle economics : understanding recessions and depressions from boom to bust / Todd A. Knoop.

This analysis presents a comprehensive overview of global economics, assessing older theories alongside of new ways of thinking to reveal the empirical methods needed to evaluate, forecast, and prevent future crises.

Saved in:
Bibliographic Details
Online Access:Electronic book from EBSCO
Main Author: Knoop, Todd A. (Author)
Format: eBook
Published:Santa Barbara, California : Praeger, an imprint of ABC-CLIO, LLC, 2015.
Series:Gale Virtual Reference Library.
Table of Contents:
  • Part I. The facts of business cycles
  • one. Why study business cycles?
  • two. Describing business cycles part II. Macroeconomic theories of business cycles
  • three. Early business cycle theories
  • four. Keynes's and Keynesian theory
  • five. Austrian economics
  • six. The monetarist model
  • seven. The rational expectations model
  • eight. Real business cycle models
  • nine. New Keynesian models
  • part III. Financial instability and forecasting
  • ten. Models of credit and financial instability
  • eleven. Beliefs, behavior, bubbles, and banking crises
  • twelve. Macroeconomic forecasting
  • part IV. Business cycles in the United States
  • thirteen. The Great Depression
  • fourteen. Postwar business cycles
  • part V. Modern international recessions and depressions
  • fifteen. The East Asian crisis and the IMF
  • sixteen. The Great Recession in Japan
  • seventeen. Soverign debt crises and euro-zone
  • eighteen. The global financial crisis of 2008
  • nineteen. Conclusions
  • what we know and do not know about business cycles.