“…This paper presents a coincident and a leading composite monthly indicator for the world business cycle—the Global Economic Barometers. Both target the world’s output growth rate and consist of economic tendency surveys results from many countries around the world. …”
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“…METHODS: Monthly business cycle indicators were obtained from the Taiwan National Development Council. …”
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“…Lastly, this study is the first to investigate whether the response of hotel stock returns to ITD depends on the state of economy and concludes that the response of hotel stock performance to ITD in business cycle contraction is statistically different from that in business cycle expansion. …”
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“…They also present a wide set of applications of these models to key economic topics, including the business cycle, labour markets, and economic growth.…”
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“…The purpose of the article is to study how the shift in the developing philosophy of China’s central leadership has impacted the management style of China’s local governments and, in turn, the country’s economic and environmental equilibrium. We use a real business cycle model with environmental variables and divide governments into those with/without environmental concerns and into those with long- and short-term policy horizons. …”
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“…The main contribution is demonstrating empirically that since older workers’ difficulties are related to their age, while for younger individuals the difficulties are more related to the business cycle, policy makers must devise different programs to address unemployment among young and older individuals. …”
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“…The purpose of this paper is to examine perceptions of job insecurity among employees, applying a panel model that allows us to account for the business cycle. In addition, the data will enable the comparison of two measures of job insecurity, one with a cardinal scale, and one with an ordinal scale. …”
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“…Our results indicate that demographic transition and business cycles are key factors increasing interconnectedness of different disease-specific healthcare expenditures, and that promotion of primary care utilization would reduce total healthcare expenditure spillovers. …”
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“…Using firm-level data from the Refinitiv Datastream Worldscope database for more than 17,253 non-financial firms in 45 advanced and emerging economies, this paper examines how fiscal stimulus interacted with sectoral business cycle sensitivity has affected firms’ sales and capital expenditures during the global financial crisis. …”
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“…We show that both life and non-life premiums co-move with the business cycle and are positively related to higher savings and a more developed financial system. …”
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“…In this vein, the capacity of transmitting stimuli from abroad is limited, weakening the possibility to benefit from positive shocks, even though it could partially provide a shelter from negative one in the international business cycle.…”
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“…Among the traditional explanatory factors, the business cycle and the real exchange rate in receiving countries explain the subsequent recovery of remittances.…”
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“…We find pandemic-induced mortality contributed meaningfully to business cycle fluctuations in the post 1870 era. We identify negative causal impacts on the cyclical component of GDP using pandemics to instrument for working-age mortality. …”
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“…We use asset pricing models and incorporate variables reflecting business cycle fluctuations to assess the time-varying size and value premiums. …”
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“…The U.S. economic expansion since 2009 is the longest on record since 1854, according to the National Bureau of Economic Research Business Cycle Dating Committee. This paper seeks to understand this phenomenon better by looking at the time paths of popular narratives over this interval, of stories that people have been telling that offer clues into their economic behavior. …”
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“…Despite the extreme importance of incorporating financial constraints in Real Business Cycle (RBC) models, the resulting DSGE-3D construct still embraces the representative agent idea, making serious analyses of diversity of economic entities impossible. …”
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“…The empirical results highlight that the business cycle has an inverted-U correlation with population health indicators and a non-linear single threshold effect. …”
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“…Our analyses highlight the potential role of extreme business cycle fluctuations, booms and busts, to exacerbate this underlying process.…”
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“…This paper reviews economic literature on the longer‐run health impacts of business‐cycle fluctuations and recessions. Previous studies show that an economic downturn, which affects people through increased unemployment, lower incomes and increased uncertainty, will have significant consequences on people's health outcomes both in the short and longer term. …”
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“…The labor market importance of socioemotional skills appears to be only modestly affected by business cycle effects.…”
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