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Charting the Economic Life Cycle. [PDF]
Understanding the economic lifecycle %u2013 how it varies and why %u2013 is important in its own right, but is also critical to understanding how changes in population age structure influence many features of the macroeconomy. Economic behavior over the life cycle can be summarized by the average levels of consumption and labor earnings at each age, as
Ronald Lee, Sang-Hyop Lee, Andrew Mason
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Comparative economic cycles [PDF]
The income cycles that have been experienced by six OECD countries over the past 24 years are analysed. The amplitude of the cycles relative to the level of aggregate income varies amongst the countries, as does the degree of the damping that affects the cycles. The study aims to reveal both of these characteristics.
Iolanda Lo Cascio, Stephen Pollock
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Cybernetics and Systems Analysis, 2017
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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SSRN Electronic Journal, 2020
In this short paper I would like to present a rigorous mathematical and yet heuristic description of modelling the economic cycles. The idea behind the cycles is that its dynamics could be decomposed into oscillation of two wave functions with low frequency (long-term cycle) and high frequency (short-term cycle).
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In this short paper I would like to present a rigorous mathematical and yet heuristic description of modelling the economic cycles. The idea behind the cycles is that its dynamics could be decomposed into oscillation of two wave functions with low frequency (long-term cycle) and high frequency (short-term cycle).
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Politico-economic models and cycles [PDF]
Abstract Studies are surveyed analyzing the mutual interaction of economy and polity in an empirically testable way. A wide variety of assumptions are made concerning the behaviour of economic and political decision-makers–in particular voters and government, as well as the economic and political sectors.
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Unemployment and Economic Growth Cycles
Studies in Nonlinear Dynamics & Econometrics, 2008Summary: The purpose of this paper is to study the dynamic interaction between economic growth and unemployment in a general model of economic growth. Labour market disequilibrium is introduced through a non-market real wage clearing modeled by a non linear Phillips curve.
Roa, Maria J. +2 more
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2009
AbstractThis article provides a survey of the theoretical and empirical work on political-economic cycles, such as cycles in economic outcomes induced by electoral and partisan competition. It also reviews the literature on electoral cycles and emphasizes how electoral context may heighten or limit incentives to electioneer.
Robert J. Franzese, Karen Long Jusko
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AbstractThis article provides a survey of the theoretical and empirical work on political-economic cycles, such as cycles in economic outcomes induced by electoral and partisan competition. It also reviews the literature on electoral cycles and emphasizes how electoral context may heighten or limit incentives to electioneer.
Robert J. Franzese, Karen Long Jusko
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