The Economic Long Wave: Theory and Evidence

  • Sterman J
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Abstract

The economic malaise of the 1970s and 1980s has revived interest in the economic long wave or Kondratieff cycle (Kondratieff, 1935, 1984). Numerous theories of the long wave have emerged in the past 10 years, including theories stressing innovation, labor dynamics,...

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Sterman, J. D. (1987). The Economic Long Wave: Theory and Evidence. In The Long-Wave Debate (pp. 127–161). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-662-10351-7_11

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