Readings in Business Cycles

acceleration principle actual aggregate aggregate demand amplitude analysis assumed assumption average behavior billion business cycle capacity capital stock Chart coefficient computed constant consumption function correlation curve cyclical decline deflated demand depends depression determined difference diffusion index disposable income dynamic econometric economic effect electric power industry employment endogenous equilibrium error estimates exogenous expansion expected expenditures exports factors fluctuations forecast Harrod hypothesis important increase industrial interest rates inventory Keynesian Klein-Goldberger Kuznets cycles labor marginal propensity measured ment monetary policy movements multiplier observed output parameters peak percent period personal income predicted problem production profits propensity to consume rate of change rate of growth ratio reference peak relation rise secular Simon Kuznets stabilisation policy stability statistical swings Table theory tion trend trough turning points U.S. dollars values variables velocity wage rates zero