Results 21 to 30 of about 44,700 (265)
Political Business Cycle on the Agricultural Supports in Turkey [PDF]
This study investigates whether there is a political business cycle (PBC) on the agricultural supports in the Turkish economy. In this respect, we investigate the policies of different Turkish governments for the agricultural supports measured by the ...
M. Burak ONEMLI, Adil KORKMAZ
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Entrepreneurship and the Business Cycle [PDF]
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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A disequilibrium mechanism: When managerial decisions cause macroeconomic instability
The paper aims to develop our understanding of the processes and mechanisms leading to economic instability. The research design and methods: the paper employs a simple game-theoretic model aimed at depicting why the mechanism connecting nonmaterial ...
Maziarz Mariusz
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Business Cycle Accounting [PDF]
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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Generalized financial cycle theory from the Minsky’s perspective: UK 1270–2016
Our study aims to bridge the gap between contemporary studies on financial cycles and the financial instability hypothesis in the form of a Minsky cycle (Minsky, 1963).
Małgorzata Porada-Rochoń +1 more
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HOUSING MARKET CYCLES IN THE CONTEXT OF BUSINESS CYCLES
Housing markets as well as the overall economy develop unevenly. Business cycles are the result of the diverse dynamics of their development. The housing market, as one of the components of economic systems, is influenced by business cycles, at the same ...
Żelazowski Konrad
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İŞ ÇEVRİMLERİNİN LİNEER OLMAYAN DİNAMİKLERİ: GOODWİN’İN BÜYÜME ÇEVRİMLERİ VE AMPİRİK BİR UYGULAMA
The most striking dichotomy in business cycles literature is related to the nature of oscillations. The idea that markets are self-adjusted and intrinsically stable, so that in the absence of continuing exogeneous shocks, the economy would tend toward a
Önder YERLİKAYA
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Investigating the Impact of Iran-Germany Business Cycle Synchronization on the Friction and Depth of Financial Markets in Iran (Markov Switching Bayesian VAR Method) [PDF]
The synchronization of business cycles is one of the latest issues that has been raised recently in the field of international trade as economic integration between countries has increased.
Raziyeh AmirTeimoori +2 more
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Liquidity and Business Cycles—With Occasional Disruptions
Some financial disruptions that started in California, U.S., in March 2023, resulting in the closure of several medium-size U.S. banks, shed new light on the role of liquidity in business cycle dynamics.
Willi Semmler +2 more
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No News in Business Cycles [PDF]
This paper uses a structural, large dimensional factor model to evaluate the role of 'news' shocks (shocks with a delayed effect on productivity) in generating the business cycle. We find that (i) existing small-scale VECM models are affected by 'non-fundamentalness' and therefore fail to recover the correct shock and impulse response functions; (ii ...
Forni, Mario, Gambetti, Luca, Sala, Luca
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