The Seasonal Cycle and the Business Cycle
In: Journal of political economy, Band 97, Heft 3, S. 503
ISSN: 0022-3808
In: Journal of political economy, Band 97, Heft 3, S. 503
ISSN: 0022-3808
In: A look at nature's cycles
"There are many steps in the nitrogen cycle that include difficult concepts and words: denitrification, prokaryotes, ammonia, and more. With the help of this understandable book, even struggling readers will grasp this cycle of nature. Low-level language, fact boxes, and an extended glossary provide readers with essential vocabulary explanations that allow them to further understand each step of the cycle. Full-color diagrams aid readers' comprehension as they move through the cycle from start to finish--and then around again!"--
In: A look at nature's cycles
"Life on Earth depends on carbon. In fact, about 18.5 percent of a human body's mass is carbon! How carbon is taking in and given off through animals' breathing, the burning of fossil fuels, and more can be shown in the model known as the carbon cycle. Though this concept can be confusing, all readers have a chance to understand this concept through the text and simple diagrams in this book! Both struggling readers and those looking for review can find the most important components and vocabulary of the carbon cycle in low-level, accessible text."--
In: Journal of political economy, Band 97, Heft 3, S. 503-534
ISSN: 1537-534X
Are business cycles mainly a response to persistent exogenous shocks, or do they instead reflect a strong endogenous mechanism which produces recurrent boom-bust phenomena? In this paper we present new evidence in favour of the second interpretation and, most importantly, we highlight the set of key elements that influence our answer to this question. In particular, when adopting our most preferred estimation framework, we find support for the somewhat extreme notion that business cycles may be generated by stochastic limit cycle forces; that is, we find support for the notion that business cycles may primarily reflect an endogenous propagation mechanism buffeted only by temporary shocks. The three elements that tend to favour this type of interpretation of business cycles are: (i) slightly extending the frequency window one associates with business cycle phenomena, (ii) allowing for strategic complementarities across agents that arise due to financial frictions, and (iii) allowing for a locally unstable steady state in estimation. We document the sensitivity of our findings to each of these elements within the context of an extended New Keynesian model with real-financial linkages. ; The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
BASE
In: Business Cycles in Economics: Types, Challenges and Impacts on Monetary Policies, J.C. Hsu (ed.), Hauppauge, NY: Nova Science Publishers, 2014, pp. 11-26
SSRN
This paper sets out a comprehensive framework to identify regional business cycles within Spain and analyses their stylised features and the degree of synchronisation among them and the Spanish economy. We show that the regional cycles are quite heterogeneous although they display some degree of synchronisation that can be partially explained using macroeconomic variables. We also propose a dynamic factor model to cluster the regional co-movements and test if the country cycle is simply the aggregation of the regional ones. We find that the Spanish business cycle is not shared by the 17 regions, but is the sum of the different regional behaviours. The implications derived from our results are useful both for policy makers and analysts.
BASE
This paper sets out a comprehensive framework to identify regional business cycles within Spain and analyses their stylised features and the degree of synchronisation both within them and between them and the Spanish economy. We show that the regional cycles are quite heterogeneous although they display some degree of synchronisation. We also propose a dynamic factor model to cluster the regional comovements. We find that the Spanish business cycle is not the same as those of the 17 regions, but is the sum of the different regional behaviours. Clusters with a high industrial weight, per capita income and human capital and a low unemployment rate are also more synchronized. The implications derived from our results are useful both for policy makers and analysts.
BASE
In: Local government studies, Band 48, Heft 3, S. 640-671
ISSN: 1743-9388
In: IMF Working Paper No. 15/248
SSRN
Working paper
In: Let's find out! Our dynamic Earth
Every living thing needs nitrogen -- What is the nitrogen cycle? -- Nitrogen fixation -- The marine nitrogen cycle -- Nitrification and denitrification -- Nitrogen assimilation and ammonification -- Man-made fertilizer -- Problems caused by overuse of fertilizers -- Crop rotation improves soil naturally -- Acid rain -- Nitrogen is an important element
Intro -- Cover -- Title Page -- Copyright -- Contents -- What's Nitrogen? -- It's Everywhere! -- Changing Forms -- Nitrogen to Ammonia -- Nitrogen to Nitrates -- Nitrates to Nitrogen Gas -- Plants to Animals -- Back to the Soil -- Releasing Nitrogen -- Too Much Nitrogen -- Fossil Fuels -- Nitrous Oxide -- The Cycle at Work -- Steps in the Nitrogen Cycle -- Glossary -- For More Information -- Index -- Back Cover.
In: Annals of Tourism Research, 73: 159-170
SSRN
In: The annals of the American Academy of Political and Social Science, S. 287-295
ISSN: 0002-7162
Contents: American expansion and industrial stability. bv H. S. Dennison; Business man and the business cycle, by C. H. Crennan.
In: Journal of Property Investment & Finance, Band 32, Heft 3, S. 306-323
Purpose– The paper aims to discuss the major and auxiliary types of cycles found in the literature.Design/methodology/approach– The existence of cycles within economy and its sub-sectors has been studied for a number of years. In the wake of the recent cyclical downturn, interest in cycles has increased. To mitigate future risks, scholars and investors seek new insights for a better understanding of the cyclical phenomenon. The paper presents systematic review of the existing copious cyclical literature. It then discusses general characteristics and the key forces that produce these cycles.Findings– The study finds four major and eight auxiliary cycles. It suggests that each cycle has its own distinct empirical periodicity and theoretical underpinnings. The longer the cycles are the greater controversy which surrounds them.Practical implications– Cycles are monumental to a proper understanding of complex property market dynamics. Their existence implies that economies, whilst not deterministic, have a rhythm. Cyclical awareness can therefore advance property market participants.Originality/value– The paper uncovers four major and eight auxiliary types of cycles and argues their importance.