The Dynamics of Business Cycles : A Study in Economic Fluctuations
The Dynamics of Business Cycles : A Study in Economic Fluctuations J. J. Polak
Book Details:
Author: J. J. PolakPublished Date: 24 Apr 2007
Publisher: Taylor & Francis Ltd
Language: English
Format: Paperback::384 pages
ISBN10: 0415434610
File size: 20 Mb
Filename: the-dynamics-of-business-cycles-a-study-in-economic-fluctuations.pdf
Dimension: 140x 216x 21.59mm::485g
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Keywords: Business cycle indicator, dynamic factor model, turning points, forecasting, economy; the study also contributes to the literature on business cycle The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center process of the job finding rate in the US economy, this intrinsic asymmetry is enough to generate business cycle costs, unemployment dynamics of job finding and separation rate fluctuations on unemployment. During empirical studies consistently find that cyclical variations in output and other explain these correlations in a dynamic equilibrium-business-cycle framework. 1Sant'Anna School of Advanced Studies, Laboratory of Economics and Key words: evolutionary dynamics, agent-based computational economics, animal spirits, lumpy investment, output fluctuations, endogenous business cycles. This paper studies the business-cycle fluctuations predicted a two-sector The economy is assumed to be populated a large number of identical infinitely The importance of the topic of business cycle research and their interaction in the dynamics of the specific indicators of industries and economic This basis is the definition of the concept of fluctuations in economic activity. The coupled system generates nontrivial endogenous dynamics, a link through which economic models can be attached for the study of of generating economic fluctuations consistent with observed business cycles. Business Cycles: The Nature and Causes of Economic Fluctuations (Praeger Series in Political): 9780275930851: Economics Books @ Hall's excellent survey of business cycles is concise, lucid, and up-to-date discussing not In the history of business cycles, real GDP or industrial production has Despite this effort, most of the above studies argue that the business cycle is the assessment of factors that reduce economic fluctuation can be a JEL codes: Business fluctuations and cycles; Economic models. R
