No More Trade Cycles?

  • Nicholas Rau
Part of the Macmillan Studies in Economics book series


Since the Second World War, the trade cycle has undergone a profound change of character. In this final chapter, we outline the main features of this change, and discuss whether ‘demise’ would be a better word. We then consider whether stabilisation policies have helped or hindered this change, and end with a few remarks about the relevance of the econometric approach of Chapter 4 to the formulation of satisfactory stabilisation policies.


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Copyright information

© Nicholas Rau 1974

Authors and Affiliations

  • Nicholas Rau
    • 1
  1. 1.University College LondonUK

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