In this new edition Professor Hansen augments his authoritative study of the business cycle with an analysis of the performance--and the problems--of the postwa

In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depressio

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi

This volume presents the most complete collection available of the work of Victor Zarnowitz, a leader in the study of business cycles, growth, inflation, and fo