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, where he was able to attend Schumpeter's lectures from 1948 to 1950. During this period, Sylos Labini read Schumpeter … aspects of Schumpeter's business cycle theory to which Labini draws attention. In the last section, I present Sylos Labini …
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We compare business cycle fluctuations in Sub-Saharan African (SSA) countries vis-a-vis the rest of the world. Our main results are as follows: (i) African economies stand out by their macroeconomic volatility, which is is reflected in the volatility of output and other macro variables; (ii)...
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