G-7 business cycle synchronization among country factors has changed over time. …We propose and implement a framework for characterizing and monitoring the global business cycle. Our framework …. First, our measure of the global business cycle, the common G-7 real activity factor, explains a significant amount of cross …

can help to predict turning points of the German business cycle. The models were estimated for the in-sample period 1978 …

help predicting turning points of the business cycle. …

. The relative magnitude of this effect varies with the business cycle, being stronger during economic expansions and weaker …

Recently, a new class of macroeconomic business cycle models has emerged. Stochastic dynamic general equilibrium models … competition traditionally highlighted by New Keynesian economists. This class of models leads to a new paradigm in business cycle …

to move up and down with the business cycle, allowing for accumulation of capital in boom periods. Provisioning for … credit losses rise when the cycle falls, but less so when net income of banks is relatively high, which reduces … procyclicality. Lending fluctuates with the business cycle too, but appears to be driven by demand rather than by supply factors such …