Econometric Business Cycle Research (1940)

Econometric Business Cycle Research is a seminal work in the field of economics, written by Jan Tinbergen in 1940. It is a comprehensive study of the business cycle, which is the pattern of fluctuations in economic activity over time. Tinbergen was a pioneer in the field of econometrics, which uses statistical methods to analyze economic data. In this book, he applies these methods to the study of business cycles, using data from the United States and Europe. The book begins with a discussion of the nature of the business cycle and its causes, including changes in investment, consumption, and government spending. Tinbergen then presents a detailed analysis of the statistical properties of the business cycle, including its frequency, amplitude, and duration. The second part of the book focuses on econometric models of the business cycle, which are mathematical representations of the relationships between different economic variables. Tinbergen develops several such models, including a simple one-factor model and a more complex multi-factor model. The final part of the book discusses the policy implications of Tinbergen's research. He argues that government intervention can be effective in stabilizing the business cycle, but that it must be carefully designed to avoid unintended consequences. Overall, Econometric Business Cycle Research is a groundbreaking work that laid the foundation for modern macroeconomic theory and policy. It is essential reading for anyone interested in the study of the economy and its fluctuations over time.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

Author: Jan Tinbergen
Publisher: Kessinger Publishing
Published: 08/31/2010
Pages: 32
Binding Type: Paperback
Weight: 0.28lbs
Size: 11.00h x 8.50w x 0.08d
ISBN: 9781162557687

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