That is, during recessions, output drops below trend more than it rises during expansions. Taking into consideration the evidence of non-linearity of the series, Hamilton (1989) proposes a non-linear model with regime changes. In that model there are two regimes, one of positive output growth...
Conversely, Industry (Capital) and Private Services exhibit expansions of their share in VA in inland regions. Ultimately, these results suggest that the impacts of SLR on each sector’s relative economic position differ (in size, and to a lesser extent in sign) among different regions, and ...
What we do know are the theoretically founded stylized facts of uncertainty. First and foremost, uncertainty rises in recessions and recedes in economic expansions. Bloom (2014) finds such countercyclicality of uncertainty in a wide variety of studies dealing with micro (Campbell et al., 2001) ...
According to Schumpeterian theories, economic expansions are associated with the introduction of successful new products, processes and services while depr... D Archibugi - 《Research Policy》 被引量: 3发表: 2019年 The road to recovery : how and why economic policy must change In The Road to...
2021 was a big year for company relocations and expansions in OKC Chamber Staff // Friday, March 4, 2022 In 2021, 110 Chamber-assisted companies announced plans for the creation of 4,740 jobs with an annual average salary of $45,962. Motorists now ‘On Broadway’ after I-235/I-44 open...
The expected decline of health indicators with economic recessions and improvement with economic growth in the nineteenth century Sweden was reversed in the twentieth century, giving the counterintuitive pattern of higher mortality and lower life expectancy in economic expansions and improvement of these in...
that can be seen as the general cause of economic contractions and expansions. However, even as a general characterization, this is not the only possible cause: for example, today certain economists hold that, in fact, markets do clear, that contractions and expansions are instead directly relate...
(2018) evaluated the urban expansions of Yangon and the new capital city (Nay Pyi Taw) and their environmental consequences with five variables obtained from remote sensing data, including land surface temperature (LST), percent tree cover (PTC), evapotranspiration (ET), terrestrial ecosystem net ...
Rift Valley fever (RVF) is a neglected vector-borne disease which is endemic in many countries across Africa and has seen recent geographical expansions into the Arabian Peninsula. RVF can cause severe infections in both animals and humans. RVF infections in livestock...
Businesses that track the relationship between their performance and business cycles can plan strategically to protect themselves from approaching downturns and position themselves to take maximum advantage of economic expansions. For example, if your business follows the rest of the economy, warning signs...