This chapter examines the empirical relationship in the postwar United States between the aggregate business cycle and various aspects of the macroeconomy, such as production, interest rates, prices, productivity, sectoral employment, investment, income, and consumption. This is done by examining the ...
A business cycle is defined as the ups and downs in economic activities and framed in the context of expansions and recessions or the aggregate economic activity fluctuations found in nations. It is the natural rise and fall of the growth of an economy that happens over time. The sequenc...
stratethatinmodelswithtwocommontypesoffinancial/realinteractions–thefinancial acceleratorandcollateraleffects–thebusinesscycleisnotaffectedtotheextentthatthe empiricalliteraturesuggestsisneeded. CrownCopyrightÓ2014PublishedbyElsevierInc.Allrightsreserved. ...
business cycle- recurring fluctuations in economic activity consisting of recession and recovery and growth and decline trade cycle variation,fluctuation- an instance of change; the rate or magnitude of change Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex...
E. Terrones (2010), "Globalization, the business cycle, and macroeconomic monitoring", NBER working paper, No. 16264.Aruoba S.B. Globalization, the Business Cycle, and Macroeconomic Monitor- ing / S. Boragan ... KD West 被引量: 23发表: 2010年 NBER International Seminar on Macroeconomics ...
business cycle asymmetry using a dynamic factor model of output, investment, and consumption. We identify a comm... CJ Kim,J Piger - 《Journal of Monetary Economics》 被引量: 220发表: 2002年 understanding the nature and Causes of food inflation The main reason for the current surge in food...
Learn the business cycle definition and understand how it works. Study the parts of the business cycle in economics: expansion, peak, recession,...
What is the importance of the business cycle in macroeconomics? What macroeconomic factor has the most influence on stock prices, aside from interest rates? What are the four key components that made up a macro economy under the income approach? What is a ...
What is the Keynesian solution to the problem of the business cycle? What is the difference between business cycle macroeconomics and economic growth macroeconomics? What are the two major ways to measure economic growth? What is the importance of the business cycle i...
Environmental economics has traditionally fallen in the domain of microeconomics, but approaches from macroeconomics have recently been applied to studying environmental policy. We focus on two macroeconomic tools and their application to environmental economics. First, real-business-cycle models can incorpora...