Business Cycles in Australia

Robert Ewing; John HAWKINS

Business Cycles in Australia

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Abstract

Business cycles can be identified, with varying degrees of precision, for most of the past two centuries of Australia’s history. For the period covered by quarterly national accounts, there are clear ‘classical’ downturns in the early 1960s, mid 1970s, early 1980s and early 1990s. The current economic expansion is the longest in at least a century, but this does not in itself make a recession inevitable. Expansions are only ended by shocks or a buildup of imbalances.

Original language	English
Title of host publication	Proceedings of the 35th Australian Conference of Economists
Place of Publication	Australia
Pages	1-49
Number of pages	49
Publication status	Published - Sept 2006
Externally published	Yes
Event	35th Australian Conference of Economists - Perth, Australia Duration: 25 Sept 2006 → 27 Sept 2006

Conference

Conference	35th Australian Conference of Economists
Country/Territory	Australia
City	Perth
Period	25/09/06 → 27/09/06

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AB - Business cycles can be identified, with varying degrees of precision, for most of the past two centuries of Australia’s history. For the period covered by quarterly national accounts, there are clear ‘classical’ downturns in the early 1960s, mid 1970s, early 1980s and early 1990s. The current economic expansion is the longest in at least a century, but this does not in itself make a recession inevitable. Expansions are only ended by shocks or a buildup of imbalances.

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UR - https://sro.library.usyd.edu.au/handle/10765/54834

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Business Cycles in Australia

Abstract

Conference

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