BUSINESS CYCLES WITHIN THE FRAMEWORK OF MODERN CONJUNCTURAL THEORIES
Türker SIMSEK
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BUSINESS CYCLES WITHIN THE FRAMEWORK OF MODERN CONJUNCTURAL THEORIES

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Conjunctural fluctuations have been a topic of discussion since the 19th century and have gained significance in economic literature after the Great Depression. These fluctuations have attracted increasing interest due to their recurring nature in economies, while economic schools have differing opinions on their causes. Despite efforts to maintain economic stability and continuity, empirical analyses reveal that economies experience fluctuations, with economic indicators not consistently increasing or decreasing. This poses a challenge for economists as they strive to explain these fluctuatio...