9781330734964 - Measuring and Forecasting General Business Conditions (Classic Reprint) de Persons, Warren M. (4 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book delves into the complex world of business cycles, those recurring periods of economic prosperity and downturn that have fascinated economists and investors for centuries. The author, a leading scholar of his time, sought to understand and predict these cycles through the use of statistical analysis, a relatively new tool in the early 20th century. By examining a wide range of statistical series, including commodity prices, pig-iron production, bank clearings, and interest rates, the author uncovers the hidden relationships between seemingly disparate economic activities. He argues that by carefully analyzing the timing and magnitude of fluctuations in these series, one can discern the underlying patterns that drive business cycles. He identifies three key groups of economic indicators: speculation, business activity, and banking. The author contends that these groups interact in a predictable manner, with speculation often leading the way, followed by changes in business activity, and ultimately, adjustments in banking conditions. By meticulously constructing an "index of general business conditions," the author provides a powerful tool for understanding the past and potentially forecasting future economic trends. This insightful work offers a compelling framework for analyzing the ebb and flow of the economy and its impact on individual businesses and investments. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.

Condición: New. KlappentextrnrnExcerpt from Measuring and Forecasting General Business ConditionsOur method of forecasting, therefore, is based upon statistical analysis supplemented by economic analysis.About the PublisherForgotten Book.