Business Cycles and EquilibriumISBN: 978-0-631-17493-6
Paperback
196 pages
January 1991, Wiley-Blackwell
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Throughout his career Fisher Black has described a view of business
fluctuations based on the idea that a well-developed economy will
be continually in equilibrium. In the essays that constitute this
book he explores this idea thoroughly and reaches some surprising
conclusions.
Provocative and clearly written, Business Cycles and Equilibrium will be of value to students of macroeconomics as well as those of finance and the international economy.