Essays about: "Sebastian Cedercrantz"

Found 1 essay containing the words Sebastian Cedercrantz.

  1. 1. The Darwinist Business Cycle

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Sebastian Cedercrantz; [2006]
    Keywords : Business Cycles;

    Abstract : Abstract: Economists have for a long while sought ways to model the mechanisms that generate business cycles but have found it difficult to find models that describe the erratic behavior of business cycles, which can often not be explained by shocks to the economy alone. In this thesis the concept of the business cycle dichotomy is presented, a theory according to which business cycles are generated by two mechanisms; one that describes how real and monetary shocks to the economy give rise to business cycles and one that models how the intrinsic dynamics of the capitalist economic system in itself causes economic fluctuations. READ MORE