What are most recent articles on business cycles theories?

I am beginning with the assumption that you are already well acquainted with economics as a science. read more

The traditional business cycle theorists take into consideration the monetary and credit system of an economy to analyze business cycles. Therefore, theories developed by these traditional theorists are called monetary theory of business cycle. The monetary theory states that the business cycle is a result of changes in monetary and credit market conditions. Hawtrey, the main supporter of this theory, advocated that business cycles are the continuous phases of inflation and deflation. read more