Główne kierunki teoretycznych analiz wahań cyklicznych
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Date
1989
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Wydział Prawa i Administracji UAM
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Conceptions of analyses of contemporary cyclical fluctuations
Abstract
Western model analyses of contemporary cyclical processes are only sets
of more or less proved hypotheses which do not form a consistent theoretical conception.
A general purpose of the contribution is to present two main lines of Western
theoretical analyses explaining contemporary cyclical flunctuations: neo-Keynesian
and neoclassical. *
The former interpretation, with its roots at J. M. Keynes theories, is a demand
approach, with the source of fluctuations located first of all in combined mechanisms
of investment multiphir and accelerator. The neoclassical approach is
identified with a so-called balanced theory of the business cycle, where all oscilations
are explained in terms of rational expectations of the economic subjects.
In the analysed lines of theoretical research into cyclical fluctuations highly
idealized assumptions are adopted. In effect, despite the use of extensive conceptual
apparatus and formal mathematical instruments those conceptions can hardly
meet the demands of the economic praxis.
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Digitalizacja i deponowanie archiwalnych zeszytów RPEiS sfinansowane przez MNiSW w ramach realizacji umowy nr 541/P-DUN/2016
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 51, 1989, z. 1, s. 177-194.