Federal Reserve Bank of Richmond: "What Drives Business Cycles?"
October 06, 2025
October 06, 2025
RICHMOND, Virginia, Oct. 6 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-37) in October 2025 by Liyu Dou, Paul Ho and Thomas A. Lubik entitled "What Drives Business Cycles?"
Here are excerpts:
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A central goal in economics is to understand the main drivers of the business cycle. Knowledge of these key disturbances and their propagation allows economists to better predict how recessions and expans . . .
Here are excerpts:
* * *
A central goal in economics is to understand the main drivers of the business cycle. Knowledge of these key disturbances and their propagation allows economists to better predict how recessions and expans . . .