Is the Study of Business-Cycle Fluctuations “Scientific?”
The study of macroeconomic fluctuations assumes that the behavior of the whole (aggregates) cannot be reduced to the sum of the parts (agents, markets). This is because interdependencies between markets can substantially amplify, or on the contrary dampen, shocks that at any time disturb the equilib...
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| Formaat: | Article ou chapitre numérique |
| Taal: | Français |
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2019
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| Online toegang: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |