The role of expectations and expectation errors in business cycles

What drives business cycles? Traditional explanations, based on policy interventions and supply side changes, have been found empirically incomplete. This thesis examines the relative contribution of changes in beliefs to business cycles from theoretical and empirical perspectives. The first ess...

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Bibliographic Details
Main Author: Karnizova, Lilia Vladimirovna
Language:English
Published: 2009
Online Access:http://hdl.handle.net/2429/17101