Results 21 to 30 of about 1,365,066 (347)
Housing and the Business Cycle [PDF]
Finance and Economics Discussion Series, 2003 In the United States, the percentage standard deviation of residential investment is more than twice that of non-residential investment. In addition, GDP, consumption, and both types of investment co-move positively. We reproduce these facts in a calibrated multi-sector growth model where construction, manufacturing and services are combined, in ...
Morris A. Davis, Jonathan Heathcote
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NBER Macroeconomics Annual, 2009 This paper investigates a real-business-cycle economy that features dispersed information about the underlying aggregate productivity shocks, taste shocks, and - potentially - shocks to monopoly power. We show how the dispersion of information can (i) contribute to significant inertia in the response of macroeconomic outcomes to such shocks; (ii ...
Angeletos, Marios, La'O, Jennifer
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Are apprenticeships business cycle proof?
Swiss Journal of Economics and Statistics, 2020 Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and thereby alleviate youth unemployment, many policymakers fear that firms will reduce the number of apprenticeship positions during economic
Samuel Lüthi, Stefan C. Wolter
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Income inequality and the business cycle [PDF]
Panoeconomicus, 2015 This paper first examines the relationship between ordinary least squares estimators of consumption and investment for 36 selected countries with their respective Gini indices.
Shahee Mostafa
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American Economic Review, 2020 We propose a new strategy for dissecting the macroeconomic time series, provide a template for the business-cycle propagation mechanism that best describes the data, and use its properties to appraise models of both the parsimonious and the medium-scale variety.
Angeletos, George-Marios +2 more
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Moneta e Credito, 2012 The appreciation of the dollar in the aftermath of the euro launch came as a surprise to most observers; furthermore, the traditional models fail to capture its dynamics.
Renato Filosa
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The Business Cycle and the Life Cycle [PDF]
NBER Macroeconomics Annual, 2004 Our paper documents the differences in the variability of hours worked over the business cycle across several demographic groups and shows that these differences are large. We argue that understanding these differences should be useful in understanding the forces that account for aggregate fluctuations in hours worked.
Paul Gomme +7 more
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Investigating the Relationship between Credit Cycles and Business Cycles in Iranian Economy [PDF]
پژوهشهای اقتصادی, 2020 Macroeconomic policy makers and planners always use different tools to achieve economic goals. Credit control is one of these tools. The boom and recession of the financial sector of the economy are called the credit cycle, and of the real sector is ...
Ahad Seifi Koshki +2 more
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International Business Cycles and the ERM: Is There a European Business Cycle? [PDF]
International Journal of Finance & Economics, 1997 This study uses a combination of quantitative and qualitative models to predict business failure with an appreciable degree of accuracy and/or precision. Quantitatively, the study used Factor Analysis (FA) to reduce the dimensionality of the data and further employed the Generalised Linear Modelling (GLM) technique which skips and/or relaxes the use of
Artis, Michael J, Zhang, Wenda
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Dating the business cycle: Evidence from Mongolia
Central Bank Review, 2019 Business cycle is an important indicator for making policy and management decisions. This paper compares the business cycle estimates for Mongolia based on a graphical and parametric methods.
Davaajargal Luvsannyam +2 more
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