Espinosa-Vega, Marco A.; Guo, Jang-Ting - In: Economic Review (2001) Q4, pp. 1-11
serves as a reminder that the business cycle is still alive and raises the following questions: What do we know about the … driving forces behind the business cycle? What should policymakers do in the face of economic fluctuations? ; The authors … examine two explanations for business cycles that are well-known in academic circles: the animal spirits theory and the real …