Keywords
Persistence (discontinuity)Nonlinear systemBusiness cycleEconomicsPhysicsEngineeringMacroeconomicsGeotechnical engineering
Related Publications
Output and unemployment dynamics in the United States: 1950–1985
Abstract For US data over 1950–1985 the stochastic components of GNP growth and the unemployment rate appear to be stationary, and there is substantial feedback between these va...
Government spending and economic growth
Abstract This study reviewed recent empirical studies providing fresh evidence of the impact of government spending on economic growth. It is followed by a new theoretical synth...
Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence
This note uses information on a sample of sixteen OECD countries to assess the relationship between central bank independence and macroeconomic performance. As previous work sug...
Saving, Growth, and Liquidity Constraints
In the context of an overlapping-generations model, we show that Uquidity constraints on households (i) raise the saving rate, (ii) strengthen the effect of growth on saving, (i...
Postwar U.S. Business Cycles: An Empirical Investigation
A study documents some features of aggregate economic fluctuations sometimes referred to as business cycles. The investigation uses quarterly data from the postwar US economy. T...
Publication Info
- Year
- 1951
- Type
- article
- Volume
- 19
- Issue
- 1
- Pages
- 1-1
- Citations
- 502
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
502
OpenAlex
Cite This
(1951).
The Nonlinear Accelerator and the Persistence of Business Cycles.
Econometrica
, 19
(1)
, 1-1.
https://doi.org/10.2307/1907905
Identifiers
- DOI
- 10.2307/1907905