Analyzing Modern Business Cycles: Essays Honoring Geoffrey H. Moore

Written by economists influenced by Moore's analysis of business cycles, this collection of 17 essays explores the usefulness of cyclical indicators in economic forecasting and their application to theoretical and policy problems. Topics include the accuracy of macroeconomic forecasts, a reassessment of composite indexes, and the 1987 stock market crash and the wealth effect. Originally published by M.E. Sharpe in 1990. Annotation c. Book News, Inc.,Portland, OR