Business Cycle Analysis

Business Cycle Co-Movement between Australia and East Asia

by Sui-Lay Tan

Information Acquisition and Learning from Prices Over the Business Cycle

by Björn Ohl

Co-authored with Taneli Mäkinen.

We study firms' incentives to acquire costly information in booms and recessions to understand the role of endogenous... more We study firms' incentives to acquire costly information in booms and recessions to understand the role of endogenous information in explaining asymmetric business cycles. When the economy has been in a boom in the previous period, and firms enter the current period with an optimistic belief, the incentive to acquire information is weaker than when the economy has been in a recession and firms share a pessimistic belief. However, the price system, in transmitting information from informed to uninformed firms, moderates asymmetric incentives in information acquisition and renders the aggregate learning outcome approximately acyclical. Our results challenge the prevailing view of procyclical learning as the source of asymmetric business cycles.

Non-linearities over the Business Cycles: Evidence from Latin America

by Marianne Sensier

Changes in International Business Cycle Affiliations

by Marianne Sensier

New Book: Innovation and Economic Crisis, Routledge, co-authored with Daniele Archibugi

by andrea filippetti

Contents: Preface Introduction 1. At the root of the crisis: some proposed explanations 2. Technological change,... more Contents: Preface Introduction 1. At the root of the crisis: some proposed explanations 2. Technological change, patterns of innovation, and economic development: The contribution of the Neo-Schumpeterian research 3. The role of the rules: National Systems of Innovation and labor market institutions 4. Is the crisis hampering innovation convergence in Europe? 5. National Systems of Innovation, Structure, and Demand 6. Varieties of capitalism and innovation investment 7. Who is swimming against the stream: is accumulation more creative than destruction? 8. Innovation in the manufacturing and service sector: impact and firms’ strategies 9. Is slack good for innovation in times of crisis? 10. Conclusions

Business cycle stylized facts and inventory behaviour: New evidence for the Euro area

by Marco Malgarini

Inventories and business cycle volatility: an analysis based on ISAE survey data

by Marco Malgarini

Business cycle volatility and inventories behavior: new evidence for the Euro Area

by Marco Malgarini

Measuring capacity utilization in the Italian manufacturing sector: a comparison between time series and survey models in light of the actual economic crisis

by Marco Malgarini

Business Cycle and Sector Cycles: Model-Based Filtering and Application to Italian Data

by Matteo Pelagatti

A methodology based on the multivariate generalized Butterwoth filter for extracting the business cycles of the whole... more A methodology based on the multivariate generalized Butterwoth filter for extracting the business cycles of the whole economy and of its productive sectors is developed. The method is then illustrated through an application to the Italian gross value added time series of the main economic sectors.

Business Cycle Fluctuations In Mediterranean Countries (1960-2000)

by Wolfgang Polasek

Business Cycles' Characteristics of the Mediterranean Area Countries

by Wolfgang Polasek

BUSINESS CYCLE IN ICELAND

by Wolfgang Polasek