1974, a downturn of the long wave?

Authors

  • L.H. DUPRIEZ

DOI:

https://doi.org/10.13133/2037-3643/11524

Keywords:

1974, long-term economic downturn, recession, long wave

Abstract

As its title suggests, the work looks at whether 1974 is a downturn of a long economic movement.  In order to answer this question, the author first justifies the hypothesis that the years 1945 to 1973 represented a long upward swing. The focal point of a decisive turn in the long wave, 1972-1974, is then considered. Finally, the prevalence of downswing phenomena since 1974 is assessed. 

 

JEL: N14, N24

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Published

2014-01-04

How to Cite

DUPRIEZ, L. (2014). 1974, a downturn of the long wave?. PSL Quarterly Review, 31(126). https://doi.org/10.13133/2037-3643/11524

Issue

Section

Editorial