{"product_id":"business-cycles-fact-fallacy-and-fantasy","title":"Business Cycles: Fact, Fallacy and Fantasy","description":"\u003cp\u003eThis book provides an overview of the modern theory and empirics of business cycles. Written by one of the pioneering authors in this field, it examines the notion of a business cycle and discusses alternative approaches to modeling. Arguably, one of the most important debates in this literature has been the issue of ?matching? a business cycle to the data. In their original contribution, Kydland and Prescott (1982) proposed the method of calibration as a way of examining the implications of a business cycle model; yet, even at its inception, this approach came under criticism from a variety of sources. This monograph will examine some of these criticisms and discuss alternative approaches that have been put forward. More generally, it will discuss what lies ahead for modern business cycle theory.\u003c\/p\u003e\u003cdiv class=\"sb-details\"\u003e\u003cp\u003e\u003cstrong\u003eGenre:\u003c\/strong\u003e Business \u0026amp; Economics, Economics\u003cbr\u003e\u003cstrong\u003eFormat:\u003c\/strong\u003e Hardback\u003cbr\u003e\u003cstrong\u003ePublished:\u003c\/strong\u003e 2010\u003cbr\u003e\u003cstrong\u003ePages:\u003c\/strong\u003e 152\u003cbr\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e World Scientific\u003cbr\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 9789812832764\u003c\/p\u003e\u003c\/div\u003e","brand":"World Scientific","offers":[{"title":"Standard Secondhand — £24.91","offer_id":47901969481905,"sku":"SB-9812832769-C3","price":24.91,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0618\/2669\/5345\/files\/9812832769.jpg?v=1788844820","url":"https:\/\/sellbooks.co.uk\/products\/business-cycles-fact-fallacy-and-fantasy","provider":"Sell Books .co.uk","version":"1.0","type":"link"}