Results 21 to 30 of about 5,544,468 (348)
No News in Business Cycles [PDF]
The Economic Journal, 2012 Peer ...
Luca Sala +3 more
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Business Cycle Narratives [PDF]
SSRN Electronic Journal, 2018 Research about narratives’ role in economics is scarce, while real word experience and research in other sciences suggest they matter a lot. This article proposes a view and methodology for quantifying the epidemiology of media narratives relevant to business cycles in the US, Japan, and Europe.
Leif Anders Thorsrud +2 more
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The Review of Economic Studies, 2022 Abstract We estimate the dynamic causal effects of consumer sentiment shocks in the US. We identify autonomous changes in survey evidence on consumer confidence using fatalities in mass shootings as an instrument. We find the instrument to be significant for an aggregate index of consumer expectations and also back up the identification ...
Lagerborg, Andresa +2 more
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Entrepreneurship and the Business Cycle [PDF]
SSRN Electronic Journal, 2009 We find new empirical regularities in the business cycle in a cross-country panel of 22 OECD countries for the period 1972-2007; entrepreneurship Granger-causes the cycles of the world economy. Furthermore, entrepreneurial activity is affected by national unemployment levels. We discuss possible causes and implications of these findings.
P.D. Koellinger, A.R. Thurik
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Are These Classical Business Cycles? [PDF]
SSRN Electronic Journal, 2000 The aim of this paper is to test formally the classical business cycle hypothesis, using data from industrialized countries for the time period since 1960. The hypothesis is characterized by the view that the cyclical structure in GDP is concentrated in the investment series: fixed investment has typically a long cycle, while the cycle in inventory ...
Michael Reiter, Ulrich Woitek
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Institutions and Business Cycles [PDF]
International Finance, 2011 AbstractThis paper investigates the relationship between the main features of business cycles and the institutional and structural characteristics of 62 industrial, emerging and formerly centrally planned economies from all continents. We find that a variety of institutional indicators, including stronger governance, greater civil liberties, more ...
Bilin Neyapti +3 more
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Identifying factors affecting business cycles in Iran's economy: quantile regression approach [PDF]
اقتصاد باثبات, 2023 One of the most important indicators of macroeconomic performance is the gross domestic product, the lack of proper economic policy aimed at its stabilization and growth, leads to periods of recession in business cycles with wider effects on economic ...
Bita Shaygani +2 more
doaj +1 more source
Hysteresis and Business Cycles
IMF Working Papers, 2020 Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles.
Valerie Cerra, Antonio Fatás, S. Saxena
semanticscholar +1 more source
Business Cycle Accounting [PDF]
Econometrica, 2002 We propose a simple method to help researchers develop quantitative models of economic fluctuations. The method rests on the insight that many models are equivalent to a prototype growth model with time-varying wedges which resemble productivity, labor and investment taxes, and government consumption. Wedges corresponding to these variables–efficiency,
V. V. Chari +2 more
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The Seasonal Cycle and the Business Cycle [PDF]
Journal of Political Economy, 1988 Almost all recent research on macroeconomic fluctuations has worked with seasonally adjusted or annual data. This paper takes a different approach by treating seasonal fluctuations as worthy of study in their own right. Our results show that seasonal fluctuations are an important source of variation in all macroeconomic quantity variables but are small
Robert B. Barsky, Jeffrey A. Miron
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