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Институциональная Интерпретация Экономических Циклов
[Institutional interpretation of Economic cycles]

Author

Listed:
  • Kaluzhsky, Mikhail

Abstract

Article on the causes, dynamics of development and institutional forms of economic cycles. We study the institutional patterns associated with the formation, development and completion of economic cycles from the standpoint of an exogenous approach. The author proves the thesis about the relationship of formation of new institutions of economic behavior as a cause of the economic crisis and the formation of new institutions as the primary sign of transition to a new economic cycle. This article is an attempt to prove the relationship of economic and institutional cycling.

Suggested Citation

  • Kaluzhsky, Mikhail, 2013. "Институциональная Интерпретация Экономических Циклов [Institutional interpretation of Economic cycles]," MPRA Paper 58752, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:58752
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    File URL: https://mpra.ub.uni-muenchen.de/58752/1/MPRA_paper_58752.pdf
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    More about this item

    Keywords

    institutional theory; institutions; economic cycle; economic crisis; exogenous approach; endogenous approach; economic dynamics; economic development; economic equilibrium; institutionalism; neo-institutional theory.;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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