If today is the day when the American boom officially becomes the longest in US history, the boom is pretty elderly. While there is no inevitable law that declares that a recession must follow, the fact remains that all booms do eventually come to an end.The consensus view of economists ...
In the last 25 years or so Australia has experienced one of the longest economic booms in history, as compared with other advanced economies. As a result, Australians are enjoying one of the world's highest living standards and per capita income. Will Australians continue to enjoy positive econ...
the demand for the new products or services becomes saturated, bringing a halt toinvestment, a shakeout in the main industries caught up in the previous boom, and the advent ofrecession. Hence, economic growth comes at thepriceof a succession of market gluts as booms meet their inevitable end...
Economic cyclesEncyclopaediasHistoryThe article reviews the book "Booms and Busts: An Encyclopedia of Economic History from Tulipmania of the 1630s to the Global Financial Crisis of the 21st Century," edited by James Ciment.doi:10.1108/09504121111133855...
Though booms and busts have characterized capitalism, its trajectory has been generally upward. Considerations of the historical path of real output involv... ER Canterbery - 《Making of Economics》 被引量: 48发表: 2009年 As Time Goes By: The Information Revolution And The Industrial Revolutions...
the demand for the new products or services becomes saturated, bringing a halt toinvestment, a shakeout in the main industries caught up in the previous boom, and the advent ofrecession. Hence, economic growth comes at thepriceof a succession of market gluts as booms meet their inevitable end...
One reason for the expansion's success was its healthy rate of growth compared to previous booms. A review ofGDP by yearshows that the economy never grew faster than 4.5%. That occurred in 1999 when it grew 4.8%.19 Another reason was that inflation was mild. Examininginflation by yearrevea...
Web of Science - Emerging Sources Citation Index WorldCat (OCLC) X-MOL Yewno Discover Supplementary Materials Publication Ethics Statement Rate Card Topics Business and Economics Economic History History History of Economics Miscellaneous Political Economics Topics in History...
Further quantitative easing, like further austerity, is most likely to be highly counterproductive over time, and if persisted with, will lead to further asset-price booms and busts, and financial crises. Have we not been here recently? Have we learned nothing?
commonly infecting the economies of other countries. Contagions are typically associated with the diffusion of crises throughout a market,asset class, or geographic region. A similar effect can occur with economicbooms. The phenomenon of financial contagion has implications for portfolio management, trad...