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Business cycles

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  • Peter Skott

    (University of Massachusetts Amherst)

Abstract

This note outlines and discusses some of the strands in the post-Keynesian literature on business cycles. Most post-Keynesians have focused on endogenously generated cycles, but the mechanism varies: some focus on the goods market, others on financial markets, the labor market, or political intervention. The merits of formal modeling of the cycles have also come in for debate. JEL Categories:

Suggested Citation

  • Peter Skott, 2011. "Business cycles," UMASS Amherst Economics Working Papers 2011-21, University of Massachusetts Amherst, Department of Economics.
    • Handle: RePEc:ums:papers:2011-21
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    File URL: http://www.umass.edu/economics/publications/2011-21.pdf
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    References listed on IDEAS

    as
    1. Skott,Peter, 2008. "Conflict and Effective Demand in Economic Growth," Cambridge Books, Cambridge University Press, number 9780521066310, January.
    2. Ryoo, Soon, 2010. "Long waves and short cycles in a model of endogenous financial fragility," Journal of Economic Behavior & Organization, Elsevier, vol. 74(3), pages 163-186, June.
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    Cited by:

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    2. Greg Hannsgen, 2013. "Heterodox Shocks," Economics Working Paper Archive wp_766, Levy Economics Institute.

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