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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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New technologies, business cycles: Controversies and paradoxes [PDF]
Debates over the business cycle in the economic theory have been continuously carried out. Some have, but others have not adopted tricyclic, or multicyclic scheme because so far they have not or even have been convinced by the Kondratiev's theoretical ...
Katanić Zoran+2 more
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Business Cycles and Currency Returns
We find a strong link between currency excess returns and the relative strength of the business cycle. Buying currencies of strong economies and selling currencies of weak economies generates high returns both in the cross section and time series of ...
R. Colacito+2 more
semanticscholar +1 more source
States and the Business Cycle [PDF]
Abstract We model the US business cycle using a dynamic factor model that identifies common factors underlying fluctuations in state-level income and employment growth. We find three such common factors, each of which is associated with a set of factor loadings that indicate the extent to which each state's economy is related to the national business
Michael T. Owyang+2 more
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Labor contracts and business cycles [PDF]
This paper investigates tbe c1aim, often put forth by Real Business Cycle proponents (e.g Prescott (1986», that the poor performance of their models in matching real world aggregate labor market behavior are due to tbe fact that observed real wage ...
Boldrin, Michele, Horvath, Michael
core +6 more sources
Economic and Financial Transactions Govern Business Cycles [PDF]
Problem/Relevance - This paper presents new description of the business cycles that for decades remain as relevant and important economic problem. Research Objective/Questions - We propose that econometrics can provide sufficient data for assessments of
Victor Olkhov
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The Aggregate Implications of Regional Business Cycles
Making inferences about aggregate business cycles from regional variation alone is difficult because of economic channels and shocks that differ between regional and aggregate economies.
Martin Beraja+2 more
semanticscholar +1 more source
Is There a European Business Cycle? [PDF]
The paper uses quarterly GDP data for some 30 years up to and including 2001, to examine the identity and development of the European business cycle. Cycles are identified by using a band-pass filter version of the Hodrick-Prescott filter and affiliations are examined using clustering techniques and classical multidimensional scaling applied to cross ...
openaire +6 more sources
Borders and business cycles [PDF]
We document that business cycles of U.S. Census regions are substantially more synchronized than those of European Union countries, both over the past four decades and the past two decades. Data from regions within the four largest European countries confirm the presence of a European border effectwithin-country correlations are substantially larger ...
Eric van Wincoop+2 more
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Nowcasting of Russian manufacturing output using business survey data [PDF]
This article is devoted to checking the possibility of using business survey data surveys to nowcasting of Russian manufacturing output: analysis of business cycles and short-term forecasting (1 month ahead).
R. E. Gartvich
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