In this way, the"political business cycle" is useful not only for explaining the historical pattern, but also as a tool for predicting future economic performance.
Many researches that apply business cycle accounting(hereafter, BCA) to actual data conclude that models with investment frictions or investment wedges are not promising for modeling business cycle dynamics.
With the economic recovery phase about to enter its eighth year, the economic cycle is presumed to be gradually reaching maturity. Therefore, at the beginning of the year, there were even voices of concern over a possible economic downturn.
Controlling for cyclical effects and bank size, we find that these declines in the small loan share of C&I loans are almost all statistically attributed to the change in regulatory regime.
It is a major indicator of economic health: the production is the main driving force behind the country's economic system and reacts quickly to the ups and downs of the business cycle.
Demography and Business Cycles As I mentioned at the outset, the third lens suggests that boom-bust cycles and demographic changes could interact with each other.
Classical economists like Arthur Pigou, who wrote about business cycles in his 1927 book, Industrial Fluctuations, would not have been surprised by the notion that confidence matters for economic activity.
According to economists such as Joseph Schumpeter and Nikolai Kondratieff the crash was merely a historical event in the continuing process known as economic cycles.
With a foothold in several territories, the business will have a more diversified portfolio across markets which may be at different stages of the economic cycle in your sector.
Although both economists concluded from their theories that at the heart of the business cycle(and economic crisis) was government monetary policy, their disagreement would not be solved in their lifetimes.
The development of the Plansee Group since 1921: Alongside economic cycles and forward-looking management, three strokes of fate were key in making the Plansee Group the large and successful force it is today.
Their blossoms come into full bloom every spring so as to make us feel eternal peace and serenity, regardless of economic cycles, market swings, and in particular, financial crises.
White argues that the business cycle theory of Hayek and Robbins(which later developed into Austrian business cycle theory in its present-day form) was actually not consistent with a monetary policy which permitted a severe contraction of the money supply.
We explore whether the 2008 economic collapse in Iceland and subsequent economic crisis affected the probability of ischemic heart disease(IHD) events, independent of regular cyclical effects attributed to typical economic conditions.
Business Cycle and Structural Problem Cyclical recovery and structural problem Although our economy has followed a daunting road since the 1990s after the bursting of the bubble, there were some periods when the economy expanded.
In a longer-term perspective, there had been a number of incipient cyclical recoveries in Japan's economy during the past decade, but they were followed not by a strong recovery but by a repeated threat of recession.
As the U.S. was in an expansion phase of the economic cycle at that time, the U.S. depended on the supply from third-world countries such as China for low-end consumption and was able to concentrate on high-end military and technological products.
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