The Lundberg lag, named after the Swedish economist Erik Lundberg, stresses the lag between changes in the demand and response in output. This is one lag which points out that business cycles do not follow a completely random fashion but can be explained with a few different important regularities.
- ^Burda, Wyplosz (2005): Macroeconomics: A European Text, Fourth Edition, Oxford University Press
- ^Van Doorn, J. (1975), “Micro-Disequilibrium Economics”, Disequilibrium Economics, Macmillan Education UK, pp. 28–44, doi:10.1007/978-1-349-02131-4_2, ISBN 9780333155912
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.