Kriesler, Peter; Nevile, J. W. - In: Cambridge Journal of Economics 36 (2012) 2, pp. 405-417
In the 1950s the plethora of existing business cycle theories gave way to a Keynesian-type theory based on Hicks' (1950) book. However, the first two expositions of Keynesian-type business cycle theory had no direct influence on Hicks' model. This paper examines the business cycle theories of...