CRITICAL EXAMINATION or WARREN-PEARSON CONTENTIONS One of the principal arguments of Professors Warren and Pearson is to ... W. E., The Monetary Theories of Warren and Pearson (New York: Farrar & Rinehart, 1934); and see Hardy, C. 0., ...
Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term.
Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term.
Business Cycles and Financial Crises
It could take a decade for the full implications of this book to be absorbed but this much is clear: all serious students of these subject matters will have to master this treatise.
Money, Bank Credit, and Economic Cycles
When the 12 District Banks of the Federal Reserve System opened their doors for business on November 16, 1914, few observers could have foreseen the Fed's present role as a major, if not dominant, player in U. S. and world economic ...
Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term.
This paper explores the nexus between the financial cycle and business cycle in Brazil.
All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses.
This paper exploits the Financial Accounts of the United States to derive long time series of bank and nonbank credit to different sectors, and to examine the cyclical behavior of these series in relation to (i) the long-term business cycle ...