The combined cycle theory: an alternative analysis
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comunitat-uji-handle2:10234/71324
comunitat-uji-handle3:10234/111700
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Título
The combined cycle theory: an alternative analysisAutoría
Tutor/Supervisor
Teglio, AndreaTutor/Supervisor; Universidad.Departamento
Universitat Jaume I. Departament d'EconomiaFecha de publicación
2015-07-15Editor
Universitat Jaume IResumen
The objective of this work is to present a possible “combined cycle theory” resulting from the
merger of two different theories; in one side from the endogenous monetary cycle theory
and on the other from Schumpeter’s ... [+]
The objective of this work is to present a possible “combined cycle theory” resulting from the
merger of two different theories; in one side from the endogenous monetary cycle theory
and on the other from Schumpeter’s productive cycles, along with the calculations of Xavier
Gabaix.
The paper is organized as follows; First, we give an overview of the history of the economic
cycle theories, where we can find the main scientific contributions in this field; Second, we
explain the theory of endogenous monetary cycle and we will try to demonstrate it using
data its correlation with reality, as exemplified by the current economic crisis in Spain; Third,
we define the production cycle theory of Schumpeter and try to find empirical evidence by
Xavier Gabaix calculations; And fourth, we discuss a critique of other cycle theories,
emphasizing its erroneous assumptions and finally we present the conclusions.
At the end you can find Appendix 1 where we present a critique of methods of national
accounts for not taking into account essential aspects of the economy [-]
Palabras clave / Materias
Descripción
Treball final de Grau en Economia. Codi: EC1049. Curs acadèmic 2014-2015
Tipo de documento
info:eu-repo/semantics/bachelorThesisDerechos de acceso
info:eu-repo/semantics/openAccess
Aparece en las colecciones
- Grau en Economia [289]
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