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. [1] His publications led to other business cycle theories by later economists such as Nikolai Kondratieff, Simon Kuznets, and Joseph Schumpeter.

The Kitchin cycle is a short business cycle of about 40 months, identified in the 1920s by Joseph Kitchin. [1] This cycle is believed to be accounted for by time lags in information movement, affecting the decision making of commercial firms.

In 1923, Joseph Kitchin published in the Harvard University Press an article entitled “Review of Economic Statistics,” outlining his discovery of a 40-month cycle resulting from a study of U.S. and UK statistics from 1890 to 1922.

Joseph Kitchin 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 in consumer goods is a short-term cycle averaging 40 months. The cycle, proposed by Joseph Kitchin in 1923, was deduced from commodity prices and bank clearing interest rates during the period 1890-1922 for the US and the UK.

Joseph Kitchin (1861 – 1932) fue un empresario y estadístico británico. En su análisis de las tasas de interés y otros datos económicos del Reino Unido y los Estados Unidos , encontró pruebas de la existencia de un ciclo económico corto, de unos cuarenta meses (denominado en su honor ciclo de Kitchin ), que explicaba la existencia de ...

Jan 1, 2018 · In May 1897 he took up a business career in the South African mining industry. As a businessman Kitchin established a wide reputation for his statistical compilations and came to be regarded as a leading authority on the statistics of precious metals.

British statistician and business cycle researcher, who identified the three-to-five year inventory cycle. In his famous 1923 paper, Joseph Kitchin analyzed three time series of American and British data from 1890 to 1922, and identified two cycles - a major cycle of seven-to-ten years, and a minor cycle of about three-and-half years (40 months).

Joseph Kitchin, 1861-1932, was a British statistician and businessman. In his “Cycles and Trends in Economic Factors”, 1923, he carried out a study on business cycles, in Britain and in the United States, between 1890-1922.

Mar 22, 2024 · Definition of the Kitchin Cycle. The Kitchin cycle, named after Joseph Kitchin, refers to a short business cycle of about 40 months that is thought to be driven by changes in inventory levels. According to Kitchin’s theory, businesses accumulate inventories during periods of economic expansion.