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E-mail Message: I thought you might be interested in this item at http://www.worldcat.org/oclc/33947403 Title: The economics of seasonal cycles Author: Jeffrey A Miron Publisher: Cambridge, Mass. : MIT Press, ©1996. ISBN/ISSN: 0262133237 9780262133234 OCLC:33947403

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The economics of seasonal cycles

Author:	Jeffrey A Miron
Publisher:	Cambridge, Mass. : MIT Press, ©1996.
Edition/Format:	Book : EnglishView all editions and formats
Summary:	Historically, economists sought to understand the economic significance of macro fluctuations associated with seasons. During the 1920s and 1930s, the focus shifted to business cycles, and seasonal fluctuations were treated as noise that could be removed from data before analysis. Jeffrey Miron seeks to reverse this trend, arguing that seasonal fluctuations have much to teach macroeconomists. He analyzes the economic Read more...
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Document Type:	Book
All Authors / Contributors:	Jeffrey A Miron Find more information about:
ISBN:	0262133237 9780262133234
OCLC Number:	33947403
Description:	xv, 225 p. : ill. ; 24 cm.
Contents:	1. Introduction -- 2. Identifying Restrictions and Seasonal Fluctuations -- 3. Basic Facts about Seasonal Fluctuations -- 4. The Similarity of Seasonal Cycles and Business Cycles -- 5. Interactions between Seasonal Cycles and Business Cycles -- 6. Seasonal Fluctuations and the Production-Smoothing Model for Inventories -- 7. Financial Panics, the Seasonality of Nominal Interest Rates, and the Founding of the Fed -- 8. The Gold Standard and Interest Rate Seasonality -- 9. Seasonal Monetary Policy -- 10. Welfare Implications of Seasonal Cycles.
Responsibility:	Jeffrey A. Miron.

Abstract:

Historically, economists sought to understand the economic significance of macro fluctuations associated with seasons. During the 1920s and 1930s, the focus shifted to business cycles, and seasonal fluctuations were treated as noise that could be removed from data before analysis. Jeffrey Miron seeks to reverse this trend, arguing that seasonal fluctuations have much to teach macroeconomists. He analyzes the economic forces that produce seasonality and discusses the lessons about economic behavior that result from this analysis.

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