Danish business cycles from 1974 to 2000 are studied. The HP-filter and the Baxter-king filter are applied and several empirical regularities are identified: Consumption tends to lead the business cycle while investment, especially construction, follows with a lag. Export does not covariate...

Danish business cycles from 1974 to 2000 are studied. The HP-filter and the Baxter-king filter are applied and several empirical regularities are identified: Consumption tends to lead the business cycle while investment, especially construction, follows with a lag. Export does not covariate...

Mens moderne mainstream makroteori - ny-klassisk som ny-keynesiansk – begge gør brug af den samme metodologi, giver den post keynesianske tænkning et alternativ hertil. Med sit fokus på 'path dependency' udvikler og forandrer det økonomiske set up sig over tiden. Nye institutioner kommer...