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Author : Zheng Liu
Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (319 download)
Download or read book Understanding Seasonal Cycles, Business Cycles, and Monetary Policy written by Zheng Liu and published by . This book was released on 1997 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jeffrey A. Miron
Publisher : MIT Press
ISBN 13 : 9780262133234
Total Pages : 250 pages
Book Rating : 4.1/5 (332 download)
Download or read book The Economics of Seasonal Cycles written by Jeffrey A. Miron and published by MIT Press. This book was released on 1996 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on economic rather than purely statistical issues, looking at which of the alternative statistical models of seasonality are plausible for economic variables, and asking why seasonal fluctuations in economic variables require special treatment relative to other kinds of fluctuations.
Author : Zheng Liu
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (364 download)
Download or read book Seasonal Cycles, Business Cycles, and Monetary Policy written by Zheng Liu and published by . This book was released on 1996 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert B. Barsky
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)
Download or read book The Seasonal Cycle and the Business Cycle written by Robert B. Barsky and published by . This book was released on 1988 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost all recent research on macroeconomic fluctuations has worked with seasonally adjusted or annual data. This paper takes a different approach by treating seasonal fluctuations as worthy of study in their own right. We document the quantitative importance of seasonal fluctuations, and we present estimates of the seasonal patterns in a set of standard macroeconomic variables. Our results show that seasonal fluctuations are an important source of variation in all macroeconomic quantity variables but small or entirely absent in both real and nominal price variables. The timing of the seasonal fluctuations consists of increases in the second and fourth quarter, a large decrease in the first quarter, and a mild decrease in the third quarter. The paper demonstrates that, with respect to each of several major stylized facts about business cycles, the seasonal cycle displays the same characteristics as the business cycle, in some cases even more dramatically than the business cycle. That is, we find that at seasonal frequencies as well as at business cycle frequencies, output movements across broadly defined sectors move together, the timing of production and sales coincide closely, labor productivity is procyclical, nominal money and real output are highly correlated, and prices vary less than quantities. There is a "seasonal business cycle" in the United States economy, and its characteristics mirror closely those of the conventional business cycle.
Author : Victor Zarnowitz
Publisher : University of Chicago Press
ISBN 13 : 0226978923
Total Pages : 613 pages
Book Rating : 4.2/5 (269 download)
Download or read book Business Cycles written by Victor Zarnowitz and published by University of Chicago Press. This book was released on 2007-11-01 with total page 613 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the most complete collection available of the work of Victor Zarnowitz, a leader in the study of business cycles, growth, inflation, and forecasting.. With characteristic insight, Zarnowitz examines theories of the business cycle, including Keynesian and monetary theories and more recent rational expectation and real business cycle theories. He also measures trends and cycles in economic activity; evaluates the performance of leading indicators and their composite measures; surveys forecasting tools and performance of business and academic economists; discusses historical changes in the nature and sources of business cycles; and analyzes how successfully forecasting firms and economists predict such key economic variables as interest rates and inflation.
Author : J. Joseph Beaulieu
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)
Download or read book A Cross Country Comparison of Seasonal Cycles and Business Cycles written by J. Joseph Beaulieu and published by . This book was released on 1990 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a recent paper Barsky and Miron (1989) examine the seasonal fluctuations in the U.S. economy. They show that the key stylized facts about the business cycle characterize the seasonal cycle as well, and they suggest that the interpretation of many of these stylized facts over the seasonal cycle is easier than interpretation over the business cycle. The reason is that the ultimate sources of seasonal cycles are more readily identifiable than those of business cycles. This paper uses the cross country variation in seasonal patterns to pin down the ultimate sources of seasonal variation more precisely than is possible from examination of U.S. data alone. We conclude that a Christmas shift in preferences and synergies across agents are the key determinants of the seasonal patterns around the world. The paper also establishes that, across developed countries, the key observations about aggregate variables that characterize the business cycle also characterize the seasonal cycle. Thus, the similarity of the seasonal cycle and the business cycle demonstrated by Barsky and Miron (1989) for the united states is a robust stylized fact.
Author : Solomos Solomou
Publisher : Manchester University Press
ISBN 13 : 9780719041518
Total Pages : 150 pages
Book Rating : 4.0/5 (415 download)
Download or read book Economic Cycles written by Solomos Solomou and published by Manchester University Press. This book was released on 1998 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ups and downs of booms and slumps, often referred to as business cycles, are features of all modern economies. This book considers business cycles over three epochs 1870-1913, 1919-1938 and the post-World War II period. It provides an analysis of the key macroeconomic questions relating to economic fluctuations. Why are the ups and down more volatile in some epochs than others? Why are some business cycle shocks more persistent in their effects? Is there an international business cycle? Can present business cycle features predict future patterns? What impact will institutional changes, such as EMU have on future fluctuations?
Author : A. W. Mullineux
Publisher : Bookboon
ISBN 13 : 8776818853
Total Pages : 146 pages
Book Rating : 4.7/5 (768 download)
Download or read book Business Cycles and Financial Crises written by A. W. Mullineux and published by Bookboon. This book was released on 1990 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Fischer Black
Publisher : John Wiley & Sons
ISBN 13 : 0470499176
Total Pages : 224 pages
Book Rating : 4.4/5 (74 download)
Download or read book Business Cycles and Equilibrium written by Fischer Black and published by John Wiley & Sons. This book was released on 2009-11-02 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated look at what Fischer Black's ideas on business cycles and equilibrium mean today Throughout his career, Fischer Black described a view of business fluctuations based on the idea that a well-developed economy will be continually in equilibrium. In the essays that constitute this book, which is one of only two books Black ever wrote, he explores this idea thoroughly and reaches some surprising conclusions. With the newfound popularity of quantitative finance and risk management, the work of Fischer Black has garnered much attention. Business Cycles and Equilibrium-with its theory that economic and financial markets are in a continual equilibrium-is one of his books that still rings true today, given the current economic crisis. This Updated Edition clearly presents Black's classic theory on business cycles and the concept of equilibrium, and contains a new introduction by the person who knows Black best: Perry Mehrling, author of Fischer Black and the Revolutionary Idea of Finance (Wiley). Mehrling goes inside Black's life to uncover what was occurring during the time Black wrote Business Cycles and Equilibrium, while also shedding light on what Black would make of today's financial and economic meltdown and how he would best advise to move forward. The essays within this book reach some interesting conclusions concerning the role of equilibrium in a developed economy Warns about the use and abuse of modeling Explains the risky business of risk in a straightforward and accessible style Contains chapters dedicated to "the effects of uncontrolled banking," "the trouble with econometric models," and "the effects of noise on investing" Includes commentary on Black's life and work at the time Business Cycles and Equilibrium was written as well as insight as to what Black would make of the current financial meltdown Engaging and informative, the Updated Edition of Business Cycles and Equilibrium will give you a better understanding of what is really going on during these uncertain and volatile financial times.
Author : James S. Dusenberry
Publisher :
ISBN 13 : 9781258068004
Total Pages : 352 pages
Book Rating : 4.0/5 (68 download)
Download or read book Business Cycles and Economic Growth written by James S. Dusenberry and published by . This book was released on 2011-07-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Michael Wells
Publisher :
ISBN 13 :
Total Pages : 320 pages
Book Rating : 4.:/5 (35 download)
Download or read book The Economics and Econometrics of Seasonal Cycles and Business Cycles written by John Michael Wells and published by . This book was released on 1994 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Glasner
Publisher : Routledge
ISBN 13 : 1136545204
Total Pages : 796 pages
Book Rating : 4.1/5 (365 download)
Download or read book Business Cycles and Depressions written by David Glasner and published by Routledge. This book was released on 2013-12-16 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts define, review, and evaluate economic fluctuations Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 323 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The work of more than 200 experts, including many of the leading researchers in the field, the articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. Individual entries explore banking panics, the cobweb cycle, consumer durables, the depression of 1937-1938, Otto Eckstein, Friedrich Engels, experimental price bubbles, forced savings, lass-Steagall Act, Friedrich hagen, qualitative indicators, use of macro-econometric models, monetary neutrality, Phillips Curve, Paul Samuelson, Say's law, supply-side recessions, James Tokin, trend and random wages, Thorstein Veblen, worker-job turnover, and more.
Author : Jeffrey A. Miron
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)
Download or read book What Have Macroeconomists Learned about Business Cycles from the Study of Seasonal Cycles? written by Jeffrey A. Miron and published by . This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that analysis of seasonal fluctuations can shed light on the nature of business cycle fluctuations. The fundamental reason is that in many instances identifying restrictions about seasonal fluctuations are more believable than analogous restrictions about non-seasonal fluctuations. We show that seasonal fluctuations provide good examples of preference shifts and synergistic equilibria. We also find evidence against production smoothing and in favor of unmeasured variation in labor and capital utilization. In some industries capacity constraints appear to bind.
Author : Thomas D. Willett
Publisher : Duke University Press
ISBN 13 : 9780822308423
Total Pages : 554 pages
Book Rating : 4.3/5 (84 download)
Download or read book Political Business Cycles written by Thomas D. Willett and published by Duke University Press. This book was released on 1988 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Pacific Research Institute for Public Policy book." Includes bibliographies and index.
Author : Wesley Clair Mitchell
Publisher :
ISBN 13 :
Total Pages : 578 pages
Book Rating : 4.:/5 (8 download)
Download or read book Business Cycles written by Wesley Clair Mitchell and published by . This book was released on 1927 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: "First printing, July, 1927.""A rewriting, based on new and fuller statistical material, of his book on 'Business cycles, ' published in 1913"--Foreword.
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.:/5 (661 download)
Download or read book Business Cycle written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-17 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Business Cycle Business cycles are intervals of general expansion followed by recession in economic performance. The changes in economic activity that characterize business cycles have important implications for the welfare of the general population, government institutions, and private sector firms. There are numerous specific definitions of what constitutes a business cycle. The simplest and most naïve characterization comes from regarding recessions as 2 consecutive quarters of negative GDP growth. More satisfactory classifications are provided by, first including more economic indicators and second by looking for more informative data patterns than the ad hoc 2 quarter definition. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Business cycle Chapter 2: Kondratiev wave Chapter 3: Keynesian economics Chapter 4: Macroeconomics Chapter 5: Recession Chapter 6: Stagflation Chapter 7: Monetarism Chapter 8: New Keynesian economics Chapter 9: Fiscal policy Chapter 10: Austrian business cycle theory Chapter 11: Alvin Hansen Chapter 12: Economic stability Chapter 13: Dynamic stochastic general equilibrium Chapter 14: Neoclassical synthesis Chapter 15: New classical macroeconomics Chapter 16: Saltwater and freshwater economics Chapter 17: History of macroeconomic thought Chapter 18: Inflationism Chapter 19: New neoclassical synthesis Chapter 20: Real business-cycle theory Chapter 21: The Return of Depression Economics and the Crisis of 2008 (II) Answering the public top questions about business cycle. (III) Real world examples for the usage of business cycle in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of business cycle.
Author : Ghysels, Eric
Publisher : Montréal : Université de Montréal, Dép. de sciences économiques
ISBN 13 : 9782893820965
Total Pages : 10 pages
Book Rating : 4.8/5 (29 download)
Download or read book The Business Cycle, the Seasonal Cycle Or Just Any Cycle written by Ghysels, Eric and published by Montréal : Université de Montréal, Dép. de sciences économiques. This book was released on 1990 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
