Business Cycle and Economic Growth.

      Аннотация: Over the years, the issue of macroeconomic fluctuations and economic growth, has been debated largely by researchers in developed and developing countries in the empirical literature. This is simply because developed countries want to stay on the growth path they have attained and developing countries are still striving to achieve the desired level of growth. This book examines the relationship between business cycle and economic growth using time series econometric techniques and the neo-classical growth model. It further examined the nature of the movement between key macroeconomic variables and economic growth using the atheoretical statistical method of analysis. This book will help managers, business men, researchers and policymakers to make informed decisions that will be beneficial to their businesses and the economy as a whole.

Ключевые слова: Band Pass Filter, Business Cycle, Hodrick Prescott's Filter, Countercyclical, Procyclical, Contemporaneous, Acyclical and Economic Growth