UK Economy in the 1990s

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Does the behaviour of the UK economy in the late 1990s support the existence of a business cycle?

-- Lucyjane Lukins (l_lukins@hotmail.com), April 16, 2000

Answers

The late 1990s in Britain looks much more like a fall in the natural rate of unemployment than like the standard business cycle--either in its "overinvestment followed by crash and recession" or in its "inflation followed by central bank tightening" version.

But just because you can't see it in a single five-year period doesn't mean that it isn't there, waiting for you (or, rather, waiting for Gordon Brown).

Brad DeLong

-- Brad DeLong (delong@econ.berkeley.edu), April 19, 2000.


QUE OS FOLLEN A TODOS MANCHA DE MAMONES, QUE NO VALEIS NI PA JUGA A LOS BOLINDRES.SOIS TODOS UNOS MAMAPORRAS. ESPERO QUE ESTO OS SIRVA PARA ALGO MAS QUE PARA HACEROS MACOCAS!!!!

-- pacote wevitos gorditos (bibitlon18@hotmail.com), November 26, 2001.

Yes.

-- James Pang (1391234223@163.net), May 08, 2002.

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