İŞ ÇEVRİMLERİ TEORİLERİNİN GELİŞMEKTE OLAN EKONOMİLER BAĞLAMINDA BİR KARŞILAŞTIRMASI

Özet

In this article the New Keynesian and the New Classical schools in acplaining the Business Çycles are compared and contrasted. In this analysis, a special empliasis is given on questioning the explanatory power of these theories on the case Less Developed Coımtries. The validity and the importance of the economics assumptions are also discussed.