This paper argues that a linear statistical model with homoskedastic errors cannot capture the nineteenth-century notion of a recurring cyclical pattern in keySocial Science Electronic Publishing
The business cycle is a term used by economists to describe the increase and decrease in economic activity over time, with four phases from expansion to trough. The economy is all activities that produce, trade, and consume goods and services within the U.S.—such as businesses, employees, a...
Accordingly, its Business Cycle Dating Committee considers a recession to be "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."3 The Great ...
Business Continuity Explained Businesses typically adopt strategies to thwart existential threats such as established competitors, market entrants, sudden changes in customer behavior or tastes, and technological change. However, another threat that’s more difficult to plan for is an unexpected, usually ...
Various companies across different industries have effectively implemented Business Process Reengineering (BPR). Here are some real-life examples that illustrate how BPR can transform business operations: 1.Ford Before BPR, Ford’s accountspayable systemneeded to be more efficient and staff-heavy. Implem...
Thebusiness cycle is the periodic but irregular up-and-down movements in economic activity, measured by fluctuations in real GDP and other macroeconomic variables. To put it simply, the business cycle is defined as the real fluctuations in economic activity andgross domestic product (GDP)over a ...
Modeling of organizational and functional components of investment and construction controlling in the reproduction of eco-residential real estate This article is devoted to the development of a structural and functional model for the formulation of high-performance regional business systems in the co......
GitLab is a single application for the entire software development life cycle. It might be bigger than we want right now. We can keep using Azure Pipelines.Here's a short video where Abel talks about using DevOps best practices to deploy code to Azure....
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Is the definition of a business cycle being redefined by a new economic paradigm? (a) What is real business cycle theory? (b) Describe its impact on our current economy. Describe the four phases/turning points of the Business cycle. What do economists mean by the "Natural Rat...