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DISCUSSION.

Authors :
SHAPIRO, ELI
Source :
Journal of Finance (Wiley-Blackwell); May57, Vol. 12 Issue 2, p283-288, 6p
Publication Year :
1957

Abstract

The article presents a discussion of the research paper by Simon Kuznets on the difficulty of making an orderly pattern of long-term change and how it lies in the absence of an effective theory or even of a working hypothesis. The paper deals with economic forecasting. The reviewer presents an analogy to gross national product forecasting. Examined is the rise of the gross national product in 1953 and what it is forecasted to be in 1965. Also commented on is the annual capital increase in real Gross National Product.

Details

Language :
English
ISSN :
00221082
Volume :
12
Issue :
2
Database :
Complementary Index
Journal :
Journal of Finance (Wiley-Blackwell)
Publication Type :
Academic Journal
Accession number :
28090426