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Business Cycle Synchronization Between CEE Countries and Euro Zone
Acta Universitatis Lodziensis. Folia Oeconomica, 2017 The main aim of the article is to estimate the level of business cycles synchronization between Central and Eastern European Countries (CCECs) and euro area.
Katarzyna Piłat
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Investigating the Effect of Macroeconomic Variables on Business Cycles in Iran, Markov-Switching Model Approach [PDF]
مدلسازی اقتصادسنجی, 2020 One of the key issues that economists face when analyzing the evolution of economic activity is the attempt to explain business cycles. The behavior of macro variables during the business cycles and the effect of monetary and fiscal policy on their ...
Mohammad Ali Asaadi +2 more
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Administrative Sciences, 2021 The gender gap in entrepreneurship has been observed for a long time, explained by both female-specific and gender-neutral factors, but none of these explanations is generally accepted.
Aleksandra Gawel, Agnieszka Głodowska
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Poland’s business cycle in the context of the world cycle
Ekonomia i Prawo, 2009 The analysis begins with a synthetic discussion of the current state of the business cycle theory. Three groups of current theories have been briefly discussed: the real business cycle theory, the Neoschumpeter theory and those formulated within the ...
Barbara Polszakiewicz
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Protection and the Business Cycle [PDF]
Advances in Economic Analysis & Policy, 1995 Abstract Empirical studies have repeatedly documented the countercyclical nature of trade barriers. In this paper, we propose a simple theoretical framework that is consistent with this and other empirical regularities in the relationship between protection and the business cycle.
Kyle Bagwell, Robert W. Staiger
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Spillover index for European business cycle [PDF]
Revista de Studii Financiare, 2020 The Covid-19 pandemic has had a significant impact on the international economy. The paper analyses the interdependence between the business cycles of the European Union economies to capture the effect of the Covid-19 pandemic on them.
Marius Cristian Acatrinei
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Investigation the Effect of Business Cycle on the Index of Economic Well-being in Iran [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2020 In any society, government officials and policymakers must take well-being into consideration as it is one of the main indicators of development and also a key element of social growth and development.
Hamidreza Horry +2 more
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Financial Business Cycles [PDF]
International Finance Discussion Papers, 2014 Using Bayesian methods, I estimate a DSGE model where a recession is initiated by losses suffered by banks and exacerbated by their inability to extend credit to the real sector. The event triggering the recession has the workings of a redistribution shock: a small sector of the economy -- borrowers who use their home as collateral -- defaults on their
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EMPLOYMENT AND THE BUSINESS CYCLE [PDF]
The Manchester School, 2013 This paper investigates the differences in the cyclical dynamics in employment on non‐agricultural payroll (ENAP) and total civilian employment (TCE), and the implications for monitoring US business cycles in real time. We find that employment measures have diverged considerably around the last three recessions and subsequent recoveries.
Marcelle, Chauvet, Jeremy, Piger
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Ambiguous Business Cycles [PDF]
American Economic Review, 2014 This paper studies a New Keynesian business cycle model with agents who are averse to ambiguity (Knightian uncertainty). Shocks to confidence about future TFP are modeled as changes in ambiguity. To assess the size of those shocks, our estimation uses not only data on standard macro variables, but also incorporates the dispersion of survey forecasts ...
Ilut, CL, Schneider, M
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