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List of tables page vii
IT Y AND T R A DE CY C L E T H E OR Y I
Periodicity without control 2 I
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adjustment aggregate alternative American analysis autoregression average behaviour Britain British business cycle calculated capacity capital cent changes Chapter coefficient concerned consistent costs Cycle length cyclical damping demand depends described determined difference equation discussed economic Edited effect equilibrium error especially estimated evidence example exogenous expectations explain fact fiscal policy five fluctuations followed given growth implied important included indicators industrial inflation influenced interaction interest interest rates interpreted investment involved kind lagged linear measure monetary moving National Institute nevertheless observations output path pattern peak perhaps periodicity possible predictable produce quarters reason recent regression regular relationship relatively reported response Review rise roots second-order seems shows simple simulations statistical stochastic suggest term theoretical theory tion trade cycle trend turning points unemployment United variables variation whole