Key Features Of Australian Business Cycles
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Key Features Of Australian Business Cycles
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Author : Mr.Paul Cashin
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2001-11-01
Key Features Of Australian Business Cycles written by Mr.Paul Cashin and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-11-01 with Business & Economics categories.
This paper identifies and describes the key features of Australian business cycles during 1959-2000. In particular, we identify the chronologies in Australia's classical cycle (expansions and contractions in the level of output) and growth cycle (periods of above-trend and below-trend rates of economic growth). We find that while there are large asymmetries in the duration and amplitude of phases in Australia's classical cycle, on both measures the Australian growth cycle is much more symmetric. Further, our results indicate that over the sample period Australian (filtered) output and prices have moved in a counter-cyclical fashion, suggesting a dominance of shocks to aggregate supply affecting the Australian economy.
Key Features Of Australian Business Cycles
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Author : Paul Anthony Cashin
language : en
Publisher:
Release Date : 2004
Key Features Of Australian Business Cycles written by Paul Anthony Cashin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
This paper identifies and describes the key features of Australian business cycles during the period 1959-2002. In particular, we identify the chronologies in Australia's classical cycle (expansions and contractions in the level of output) and growth cycle (periods of above-trend and below-trend rates of economic growth). We find that while there are large asymmetries in the duration and amplitude of phases in Australia's classical cycle, on both measures the Australian growth cycle is much more symmetric. Further, our results indicate that over the sample period Australian (filtered) output and prices have moved in a counter-cyclical fashion, suggesting a dominance of shocks to aggregate supply affecting the Australian economy.
Key Features Of Australian Business Cycles
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Author : Paul Cashin
language : en
Publisher:
Release Date : 2001
Key Features Of Australian Business Cycles written by Paul Cashin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business cycles categories.
Dating New Zealand Business Cycles
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Author : Kunhong Kim
language : en
Publisher:
Release Date : 1994
Dating New Zealand Business Cycles written by Kunhong Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business cycles categories.
Key Features Of New Zealand Business Cycles
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Author : Kunhong Kim
language : en
Publisher:
Release Date : 1992
Key Features Of New Zealand Business Cycles written by Kunhong Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business cycles categories.
What Everyone Needs To Know About The Australian Business Cycle
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Author : Claire O'Sullivan
language : en
Publisher:
Release Date : 1993
What Everyone Needs To Know About The Australian Business Cycle written by Claire O'Sullivan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business cycles categories.
Changes In The Characteristics Of The Australian Business Cycle
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Author : Adrian Blundell-Wignall
language : en
Publisher:
Release Date : 1992
Changes In The Characteristics Of The Australian Business Cycle written by Adrian Blundell-Wignall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Australia categories.
Hysteresis And Business Cycles
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Author : Ms.Valerie Cerra
language : en
Publisher: International Monetary Fund
Release Date : 2020-05-29
Hysteresis And Business Cycles written by Ms.Valerie Cerra and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-29 with Business & Economics categories.
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
A Decade After The Global Recession
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Author : M. Ayhan Kose
language : en
Publisher: World Bank Publications
Release Date : 2021-03-19
A Decade After The Global Recession written by M. Ayhan Kose and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Business & Economics categories.
This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.
Analysing Modern Business Cycles
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Author : Philip A. Klein
language : en
Publisher: Routledge
Release Date : 2019-07-25
Analysing Modern Business Cycles written by Philip A. Klein and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-25 with Business & Economics categories.
This "Festschrift" honours Geoffrey H. Moore's life-long contribution to the study of business cycles. After some analysts had concluded that business cycles were dead, renewed economic turbulence in the 1970s and 1980s brought new life to the subject. The study of business cycles now encompasses the global economic system, and this work aims to push back the frontiers of knowledge.