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- Joseph_Kitchin abstract "Joseph Kitchin (1861–1932) was a British businessman and statistician. Analysing American and English interest rates and other data, Kitchin found evidence for a short business cycle of about 40 months. His publications led to other business cycle theories by later economists such as Nikolai Kondratieff, Simon Kuznets, and Joseph Schumpeter.The Kitchin cycle is believed to be accounted for by time lags in information movements affecting the decision making of commercial firms. Firms react to the improvement of commercial situation through the increase in output through the full employment of the extent fixed capital assets. As a result, within a certain period of time (ranging between a few months and two years) the market gets ‘flooded’ with commodities whose quantity becomes gradually excessive. The demand declines, prices drop, the produced commodities get accumulated in inventories, which informs entrepreneurs of the necessity to reduce output. However, this process takes some time. It takes some time for the information that the supply exceeds significantly the demand to get to the businessmen. Further, it takes entrepreneurs some time to check this information and to make the decision to reduce production, some time is also necessary to materialize this decision (these are the time lags that generate the Kitchin cycles). Another relevant time lag is the lag between the materialization of the above mentioned decision (causing the capital assets to work well below the level of their full employment) and the decrease of the excessive amounts of commodities accumulated in inventories. Yet, after this decrease takes place one can observe the conditions for a new phase of growth of demand, prices, output, etc.".
- Joseph_Kitchin birthDate "1861".
- Joseph_Kitchin birthYear "1861".
- Joseph_Kitchin deathDate "1932".
- Joseph_Kitchin deathYear "1932".
- Joseph_Kitchin wikiPageID "23554708".
- Joseph_Kitchin wikiPageLength "2918".
- Joseph_Kitchin wikiPageOutDegree "11".
- Joseph_Kitchin wikiPageRevisionID "601316919".
- Joseph_Kitchin wikiPageWikiLink Category:1861_births.
- Joseph_Kitchin wikiPageWikiLink Category:1932_deaths.
- Joseph_Kitchin wikiPageWikiLink Category:English_businesspeople.
- Joseph_Kitchin wikiPageWikiLink Full_employment.
- Joseph_Kitchin wikiPageWikiLink Great_Britain.
- Joseph_Kitchin wikiPageWikiLink Interest_rate.
- Joseph_Kitchin wikiPageWikiLink Interest_rates.
- Joseph_Kitchin wikiPageWikiLink Joseph_Schumpeter.
- Joseph_Kitchin wikiPageWikiLink Kitchin_cycle.
- Joseph_Kitchin wikiPageWikiLink Nikolai_Kondratieff.
- Joseph_Kitchin wikiPageWikiLink Nikolai_Kondratiev.
- Joseph_Kitchin wikiPageWikiLink Simon_Kuznets.
- Joseph_Kitchin wikiPageWikiLink Statistician.
- Joseph_Kitchin wikiPageWikiLinkText "Joseph Kitchin".
- Joseph_Kitchin dateOfBirth "1861".
- Joseph_Kitchin dateOfDeath "1932".
- Joseph_Kitchin hasPhotoCollection Joseph_Kitchin.
- Joseph_Kitchin name "Kitchin, Joseph".
- Joseph_Kitchin shortDescription "British businessman".
- Joseph_Kitchin wikiPageUsesTemplate Template:England-business-bio-stub.
- Joseph_Kitchin wikiPageUsesTemplate Template:Persondata.
- Joseph_Kitchin wikiPageUsesTemplate Template:Reflist.
- Joseph_Kitchin description "British businessman".
- Joseph_Kitchin description "British businessman".
- Joseph_Kitchin subject Category:1861_births.
- Joseph_Kitchin subject Category:1932_deaths.
- Joseph_Kitchin subject Category:English_businesspeople.
- Joseph_Kitchin hypernym Businessman.
- Joseph_Kitchin type Agent.
- Joseph_Kitchin type Person.
- Joseph_Kitchin type Person.
- Joseph_Kitchin type Agent.
- Joseph_Kitchin type NaturalPerson.
- Joseph_Kitchin type Thing.
- Joseph_Kitchin type Q215627.
- Joseph_Kitchin type Q5.
- Joseph_Kitchin type Person.
- Joseph_Kitchin comment "Joseph Kitchin (1861–1932) was a British businessman and statistician. Analysing American and English interest rates and other data, Kitchin found evidence for a short business cycle of about 40 months. His publications led to other business cycle theories by later economists such as Nikolai Kondratieff, Simon Kuznets, and Joseph Schumpeter.The Kitchin cycle is believed to be accounted for by time lags in information movements affecting the decision making of commercial firms.".
- Joseph_Kitchin label "Joseph Kitchin".
- Joseph_Kitchin sameAs Joseph_Kitchin.
- Joseph_Kitchin sameAs Joseph_Kitchin.
- Joseph_Kitchin sameAs m.06w47gp.
- Joseph_Kitchin sameAs Китчин,_Джозеф.
- Joseph_Kitchin sameAs Q3185167.
- Joseph_Kitchin sameAs Q3185167.
- Joseph_Kitchin wasDerivedFrom Joseph_Kitchin?oldid=601316919.
- Joseph_Kitchin givenName "Joseph".
- Joseph_Kitchin isPrimaryTopicOf Joseph_Kitchin.
- Joseph_Kitchin name "Joseph Kitchin".
- Joseph_Kitchin name "Kitchin, Joseph".
- Joseph_Kitchin surname "Kitchin".