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Business Cycle Synchronisation in EU : A Time-Varying Approach
Degiannakis, Stavros Antonios - 2018
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
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The Relationship Between Credit and Business Cycles in Central America and the Dominican Republic
Ramirez, Francisco - Volkswirtschaftliche Fakultät, … - 2013
This study provides evidence of the relationship between credit and real activity in Central America and the Dominican … Republic. We address the empirics of the link between credit and real activity for the case of a group of developing countries … with limited financial markets where bank credit is the main source of external finance for the private sector. We compile …
Persistent link: https://www.econbiz.de/10011110074
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A Model of Monetary Equilibrium with Random Output and Restricted Borrowing
Mierzejewski, Fernando - 2010
An alternative theoretical setting is presented to characterise the money demand and the monetary equilibrium. Two main hypotheses are stated that contradict the assumptions normally sustained by scholars and policy-makers: National output is assumed to be a random variable, and people are...
Persistent link: https://www.econbiz.de/10013148534
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Crecimiento Económico de Largo Plazo en Antioquia, Colombia : Estimación del PIB, 1800-1913 (Long Term Economic Growth in Antioquia, Colombia: GDP Estimates, 1800-1913)
Mejia, Javier - 2012
Este trabajo realiza el primer análisis cuantitativo detallado del nivel de actividad económica de Antioquia para el siglo XIX y la primera parte del XX. A partir de los datos existentes para la economía colombiana, se reconstruye la que es, además, una de las primeras series de PIB regional...
Persistent link: https://www.econbiz.de/10014167721
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A sectoral analysis of Barbados’ GDP business cycle
CRAIGWELL, ROLAND; MAURIN, ALAIN - Volkswirtschaftliche Fakultät, … - 2007
This paper has two main objectives. Firstly, to establish and characterise a reference cycle (based on real output) for Barbados over the quarterly period 1974-2003 using the Bry and Boschan algorithm. Secondly, to link this aggregate output cycle to the cycles of the individual sectors that...
Persistent link: https://www.econbiz.de/10009294939
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URBAN INFORMAL MANUFACTURING SECTOR IN ORISSA - A CASE STUDY OF CUTTACK CITY
Panda, Bhagirathi - Volkswirtschaftliche Fakultät, … - 2000
credit, training, skill formation and marketing to encourage more entry of women. …
Persistent link: https://www.econbiz.de/10005786980
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Trends and composition of institutional credit to the agriculture sector during the post-reform period
zia, Jiyaur Rahman; zeba, Dr. Zeba Sheereen - Volkswirtschaftliche Fakultät, … - 2009
RRBs) in issuance of credit to agriculture sector during the post-reform period by using time series data from 1975 to 2005 …. The analysis reveals that the trends of direct (short and long-term) and indirect institutional credit to agriculture … as percentage of total direct institutional credit has increased significantly whereas the co-operatives share has …
Persistent link: https://www.econbiz.de/10008493041
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The Employment Cycles of Neighboring Cities
Wall, Howard J. - 2011
This paper examines the spatial interaction of neighboring cities over their employment cycles. The cycles of neighboring cities tend to be more similar to one another than are those of non-neighboring cities, although this is due primarily to neighbors' tendency to be in the same state. In...
Persistent link: https://www.econbiz.de/10013126966
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Unrestrained Credit In A Credit Economy, The Credit Cycle, And Fiat Money Defy Monetarism In The Attempt to Control Price Level Changes
Salvary, Stanley C. W. - Volkswirtschaftliche Fakultät, … - 2008
functioning of the economic system; and (3) unrestrained consumer credit - driven by unbridled aggressive business policies and … producing documented credit cycles with periods of credit expansion and credit saturation - has severely amplified the impact of …), economic systems (barter, monetary, and credit), aggressive business practices, unrestrained consumer credit, and credit cycles. …
Persistent link: https://www.econbiz.de/10005789682
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The Typical Spectral Shape of an Economic Variable: A Visual Guide with 100 Examples
Medel, Carlos A. - Volkswirtschaftliche Fakultät, … - 2014
Granger (1966) describes how the spectral shape of an economic variable concentrates spectral mass at low frequencies, declining smoothly as frequency increases. Despite a discussion about how to assess robustness of his results, the empirical exercise focused on the evidence obtained from a...
Persistent link: https://www.econbiz.de/10011107400