Bernard, Lucas; Gevorkyan, Aleksandr V.; Palley, Thomas I. - In: Review of Keynesian Economics 2 (2014) 1, pp. 87-107
This paper explores long wave theory, including Kondratieff's theory of cycles in production and relative prices; Kuznets's theory of cycles arising from infrastructure investments; Schumpeter's theory of cycles due to waves of technological innovation; Goodwin's theory of cyclical growth based...