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Research Details
Business Cycles, Annals of Economics and Finance
Abstract
This paper describes the empirical regularities of growth and business cycles that characterize market economies. Relatively little is know at this point about economic fluctuations in planned economies, partly because the system of national income accounting used by these countries produces information that is not easily comparable with data for market economies. Still, the lessons from market economies are likely to become increasingly relevant as planning economies rely more on market forces.
Type
Article
Author(s)
Date Published
2005
Citations
Rebelo, Sergio. 2005. Business Cycles. Annals of Economics and Finance. 6(2): 229-250.
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