Abstract
In this chapter we outline, in broad strokes, a schematic trade cycle model based on confidence and its fluctuations, and we support the basic points with evidence from economic history.
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© 1988 Springer-Verlag Berlin Heidelberg
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Boyd, I., Blatt, J.M. (1988). A First Look at the New Model. In: Investment Confidence and Business Cycles. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-73118-1_5
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DOI: https://doi.org/10.1007/978-3-642-73118-1_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-73120-4
Online ISBN: 978-3-642-73118-1
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