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Economic growth and new economy
new economy economic growth world economy technologic changes
2014/3/24
Technological changes bring about economic growth. We are now at the beginning of the new phase of global economic development called new economy. The bearers of it are especially information technolo...
Business-Cycle Durations and Postwar Stabilization of the U.S. Economy
Business-Cycle Durations Postwar Stabilization the U.S. Economy
2014/3/18
Average postwar expansions are twice as long as prewar expansions, and contractions are one-half as long. This paper investigates three possible explana-tions. The first explanat...