{"product_id":"forecasting-financial-and-economic-cycles-9780471845447","title":"Forecasting Financial and Economic Cycles","description":"\u003cp\u003e • Author(s): Michael P. Niemira\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Economics - Microeconomics\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eGain the knowledge and skills that can help you exploit instability.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNo book can help you construct foolproof forecasting systems that will ensure you'll accurately predict economic turning points every time. But with Niemira and Klein's \u003ci\u003eForecasting Financial and Economic Cycles\u003c\/i\u003e on hand, you'll be able to significantly strengthen your ability to measure, monitor, and forecast important fluctuations. Part history, it provides you with essential background material on the characteristics and causes of economic volatility. It offers accessible coverage of the classical business cycle, the five basic types of economic cycles as determined by leading economists, and evolving ideas on the forces driving instability--ranging from simple unicausal theories, more complex Keynesian theory, to new classical macroeconomics. In addition, its concise review of America's economic past highlights the lessons that can be learned from the various cycles experienced since shortly before World War II. Part handbook, \u003ci\u003eForecasting Financial and Economic Cycles\u003c\/i\u003e presents the full spectrum of statistical techniques used to measure cycles, trends, seasonal patterns, and other vital changes, offering you step-by-step guidance on applying a specific method and detailing its uses and limitations. It goes on to show how you can adapt particular techniques to assess, track, and predict: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eIndustry cycles--including an objective, tailor-made forecasting tool\u003c\/li\u003e \u003cli\u003eRegional business cycles--including a survey of regional indicators\u003c\/li\u003e \u003cli\u003eInternational business cycles--with an international business cycle chronology\u003c\/li\u003e \u003cli\u003eInflation cycles--plus \"12 little-known facts\" about this complex cycle\u003c\/li\u003e \u003cli\u003eFinancial cycles--covering credit, monetary, and interest rate cycles\u003c\/li\u003e \u003cli\u003eStock market cycles--with advice on achieving more disciplined trading\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eBased on outstanding scholarship and years of practical experience, \u003ci\u003eForecasting Financial and Economic Cycles\u003c\/i\u003e will serve as an invaluable tool for practitioners like you whose decision-making--and profit margin--depend on accurately assessing today's often uncertain economic climate. \u003c\/p\u003e\u003cp\u003e\"\u003ci\u003eForecasting Financial and Economic Cycles\u003c\/i\u003e provides a lively survey of the many ways that cyclical economic activity has been dissected and analyzed. With this book, an astute reader may even be able to anticipate the next cyclical turn.\" --Samuel D. Kahan Chief Economist Fuji Securities, Inc. \u003c\/p\u003e\u003cp\u003e\"The definitive book on the most important and enduring feature of an often mist-bound economic landscape: the business cycle.\" --Alfred L. Malabre, Jr. Economics Editor \u003ci\u003eThe Wall Street Journal\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\"Niemira and Klein cover both the theory of economic cycles and methods for forecasting them. They provide one of the most comprehensive and current reviews of academic studies of economic cycles to be found anywhere.\" --Anthony F. Herbst Professor of Finance The University of Texas at El Paso \u003c\/p\u003e\u003cp\u003e\"This book succeeds as a comprehensive, balanced, and accessible treatment of fluctuations in economic and financial activity. It should prove useful to all those in industry and finance who wish to understand and analyze the trends and changes in the modern dynamic economy.\" --Victor Zarnowitz Professor Emeritus of Economics and Finance University of Chicago\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45114455031959,"sku":"9780471845447","price":5977.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780471845447.webp?v=1767269703","url":"https:\/\/atlanticbooks.com\/products\/forecasting-financial-and-economic-cycles-9780471845447","provider":"Atlantic Books","version":"1.0","type":"link"}