热干面的来历
The Confidence Paradox: Can Confidence Account
for Business Cycles?
期刊名称： Journal of Economic Issues
倒插门什么意思作者： Laine, Michael
俯卧撑的好处作者机构： EDC Business Sch
傲慢与偏见摘抄年份： 2018年
党参的禁忌人群期号： 第1期
关键词： animal spirits;business cycles;confidence;investment decisions;Keynes;
我的母亲作文300字
摘要：In matters of investment expectations, investors rely both on a forecast and on an estimate of the reliability of this forecast, which prompts the feeling of confidence. Although confidence "is one of the major determinants" of investment decisions in John Maynard Keynes's theory, the fluctuations of w晋文公简介
hich account for
the "esntial character of the Trade Cycle," it has been relatively little studied in economics. The purpo of this article is to draw on the headway of modern psychology, entrepreneurship, and neuroscience in order to propo an explanation of business cycles bad on the cycles of confidence. Economists call this explanation a "paradox" since the very conditions of the economic boom may t the stage for a downturn. Converly, the fact that confidence is low may gradually induce an improvement of entrepreneurs'...
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