The American Business Cycle

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Studies in Business Cycles Volume 25.National Bureau of Economic Research.In the American Business Cycle, some of the most prominent macroeconomists in the United States focus on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations.