- Detalii
- Categorie: Economics
- Accesări: 2207

There are a number of important questions about business cycles which remain to be answered conclusively. They include the following:

- Are there long cycles coexisting with the business cycle? If there are, then the practice of treating business cycles as ‘growth cycles’ (i.e. fluctuations around a linear or log linear growth trend) will be misleading. This practice is also dubious if the trend itself is stochastic or nonlinear, as noted in section
**The Long Swing Hypothesis and the Growth Trend**.