全球智库信息集成服务系统(G2TT): What Have Macroeconomists Learned about Business Cycles from the Study of Seasonal Cycles?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w5258
来源ID	Working Paper 5258
	What Have Macroeconomists Learned about Business Cycles from the Study of Seasonal Cycles?
	Jeffrey A. Miron; J. Joseph Beaulieu
发表日期	1995-09-01
出版年	1995
语种	英语
摘要	This paper argues that analysis of seasonal fluctuations can shed light on the nature of business cycle fluctuations. The fundamental reason is that in many instances identifying restrictions about seasonal fluctuations are more believable than analogous restrictions about non-seasonal fluctuations. We show that seasonal fluctuations provide good examples of preference shifts and synergistic equilibria. We also find evidence against production smoothing and in favor of unmeasured variation in labor and capital utilization. In some industries capacity constraints appear to bind.
主题	Macroeconomics ; Business Cycles
URL	https://www.nber.org/papers/w5258
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/562705
推荐引用方式 GB/T 7714	Jeffrey A. Miron,J. Joseph Beaulieu. What Have Macroeconomists Learned about Business Cycles from the Study of Seasonal Cycles?. 1995.