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This set of three volumes argues that the mind – human consciousness – may be measured by considering mathematically the aggregate of that consciousness, i.e. social history. From this beginning theme of discussion three questions must arise. 1. How might this measurement be made? 2. Of what...
Persistent link: https://www.econbiz.de/10011259509
boom the potential GDP growth in Romania was around 6.5 %. The severe economic crisis that started in the last quarter of ….8 % during the steep contraction of the economy in 2009 and at 1 % in 2010, according to the model estimates. The economic crisis … well as capital accumulation negatively affected the potential output during the crisis. As regarding the crisis effects on …
Persistent link: https://www.econbiz.de/10010632126
dimensions of integration including the volume of bilateral trade, real exchange rate volatility and the magnitude of cross …
Persistent link: https://www.econbiz.de/10011506430
paper covers a number of dimensions of integration including the volume of bilateral trade, real exchange rate volatility …
Persistent link: https://www.econbiz.de/10005385073
risk of statistical artifacts to arise: it is known that summation operators and filtering yield a red noise alike spectral …
Persistent link: https://www.econbiz.de/10011437990
, trying to capture the initial impulses that may have taken the economy out the recession. The recession and recovery periods … growth is measured as the monthly average growth rate from the end of the prior recession up to 9, 12 and the number of … over the recession, respectively) have separated negative effects on subsequent growth recoveries, especially after the …
Persistent link: https://www.econbiz.de/10011477197
It is sometimes pointed out that economic research is prone to move in cycles and react to particular events such as crises and recessions. The present paper analyses this issue through a quantitative analysis by answering two closely related research questions: (1) whether or not there are...
Persistent link: https://www.econbiz.de/10011290720
This paper empirically investigates and theoretically reflects on the generality of the "stylized facts" discussed in business cycle analysis. Using OECD data for 1960 - 2010, the duration of business cycles as well as three models capturing core macroeconomic relations are estimated: based on...
Persistent link: https://www.econbiz.de/10011290723
early warning indicator of the banking crisis in Spain. Finally, an exogenous deviation of actual loan loss provisions …
Persistent link: https://www.econbiz.de/10012955386
This paper focuses on business cycle synchronisation between Regional Economic Communities in Africa during the period 1980Q1-2016Q4. We consider a time series clustering analysis to evaluate whether the Regional Economic Communities (RECs) have similar patterns in business cycle comovements....
Persistent link: https://www.econbiz.de/10012930232