Purpose – With a comparative aim, the purpose of this paper is to challenge the general assumption behind relationship longevity. The question under attention is whether firms' relationship of a discontinuous nature is different from continuous relationships and if so what this diversity...

Enquires into the link between the Tokyo and New York equity markets. Finds that the link between the two markets strengthens at some times and weakens at others. Staggering business cycles and the breaking of global co‐operation are two plausible explanations of the weakening of the links...

Explanations of union growth and decline are generally linked to trends in the business cycle which are reflected primarily in prices, wages and unemployment – an example of this approach is the Bain and Elsheikh model – explanations not entirely appropriate in a country with a developing...

Purpose – The purpose of this paper is to investigate the effect of macroeconomic factors in income growth, as defined by IS‐LM, and the relation between these factors and economic cycles. More precisely, the paper aims to investigate how the demand and supply factors affect income growth,...

Purpose – The purpose of this paper is to investigate the relationship between loan default and loss given default (LGD) in an agricultural loan portfolio. The analysis employs a simulation model approach to evaluate the role that systematic and non‐systematic risks play in determining the...