Growth and business cycles have a long tradition of being studied separately. However, events such as the Great Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help alleviate such long-lasting effects of large recessions? To...

The present thesis studies the consequences of the financial expansion initiated at the end of The Glorious Thirty to spur a declining economic growth. Incidentally, this work questions the issue of measuring economic regularities through econometric tools. Thus, the first chapter carries out an...

La 4e de couverture indique : "Cette troisième édition de l'ouvrage, entièrement nouvelle, reprend, en les actualisant les thèmes de la croissance économique et du cycle des affaires déjà développés dans les versions précédentes. Elle intègre des thèmes nouveaux comme celui de la...