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Exogenity as a Challenge of the Modern Economic Theory

Author

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  • Shteryo Nozharov

    (University of National and World Economy)

Abstract

The debates of the modern economic theory, dedicated to the exogenously caused macroeconomic shocks, are analyzed in the current paper. The impulses and propagation of these macroeconomic shocks are also systematized in the study. A special attention is paid to the technology shocks and the asymmetrical threats. The main objective of the research is to be discussed if the underestimated exogenous factors or the favored endogenous factors cause the business cycle fluctuations.

Suggested Citation

  • Shteryo Nozharov, 2017. "Exogenity as a Challenge of the Modern Economic Theory," Economy and Economic Theory: Problems and Interactions, Conference Proceedings 2017, Department of Economics, University of Economics - Varna, issue 1, pages 108-117, December.
    • Handle: RePEc:vra:pr1712:y:2017:i:1:p:108-117
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    More about this item

    Keywords

    business cycle; exogenous macroeconomic shocks; modern economic theory;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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