The Cyclical Adjustment Procedure of the German Debt Brake: a Plea for Methodical Reforms by Christian Ochsner, Christopher Zuber

“…The cyclical adjustment enables governments that are borrowing to take account of current business cycle developments: In economic upturns, the scope for net borrowing shrinks, and in downturns, it grows. …”
Get full text

Debt load as a fundamental factor of changes in the conditions of global economic development by E. N. Smirnov

“…The main results of the study include the assessment of the scale and nature of the debt burden in terms of its negative impact on global economic development, identification of the relationship between the business cycle passage and the debt accumulation in foreign countries, as well as the main directions of prospective monetary policy that will contribute to the debt burden reduction in the foreseeable future.…”
Get full text

The Dynamic Effects of the Foreign Economic Shocks on the Korean Port Industry by Sung-A. Kim, Kapje Park, Chan-Ho Kim

“…Although the port industry is very important in the Korean economy, there are few literature studies that shed light on the macroeconomic implications of the business cycles in this industry. This paper examines the roles played by foreign economic factors in the business cycle in the Korean port industry. …”
Get full text

Bank Valuation and Its Connections with the Subprime Mortgage Crisis and Basel II Capital Accord by C. H. Fouche, J. Mukuddem-Petersen, M. A. Petersen, M. C. Senosi

“…Finally, OECD data confirms that loan loss provisioning and profitability are strongly correlated with the business cycle.…”
Get full text

FISCAL POLICY PROBLEMS UNDER CONDITIONS OF FINANCIAL LIBERALIZATION by V. Urazayeva

“…Moreover countries face another range of problems regardless of the business cycle phase. In the short term it is the necessity of large scale structural economic reforms to achieve the required level of financial liberalization, which often is a heavy burden on the state budget. …”
Get full text

The Contemporary System of German Economic Diplomacy by R. O. Raynkhardt

“…At any stage of the business cycle it constitutes a pillar of the German economy and, ultimately, of the economy of the European Union.…”
Get full text

Explaining the model of value creation of tax income and gross domestic product based on tax system reforms by Bahram Ramazani, Mojtaba Malekichoobari, Sina Kheradyar

“…When they allowed responses to vary over the business cycle, they found evidence that US GDP fell regardless of the business cycle, while UK GDP only rose in non-recessionary times. …”
Get full text

Presenting the entrepreneurship development model in the national oil refining industry with the approach of environmental damage prevention by Jalal Abdi, Reza Yousefi Saeedabadi, Maryam Taghvaee Yazdi

“…Innovations created by entrepreneurs are strategic factors in economic development and key factors in the business cycle. However, existing evidence shows that growth does not go hand in hand with nature conservation and there is an increasing need for environmental responsibility in entrepreneurship or, in the other word, environmental entrepreneurship (Shirkhani & Karimi, 2018). …”
Get full text

Prioritizing Available Islamic Finance Ways, Policies and Strategies in Iranian Commercial Banks (Case Study of Ayandeh Bank) by Seyed Safdar Hosseini, Hassan Mafee, Seyed Fakhreddin Fakhrhosseini

“…Furthermore, the proposed competitive strategy model for Islamic financing provides a suitable model for their plans for synchronizing the bank's policies with Iran's business cycles.…”
Get full text

Capital Gains Sensitivity of US BBB-Rated Debt to US Treasury Market: Markov-Switching Analyses by Mariya Gubareva, Ilias Chondrogiannis

“…In the upward phase of business cycles, changes in interest rates are fully reflected in the bond yields, leaving spreads unchanged, while in the downward phase, rates and spreads move in opposite directions. …”
Get full text

Multidimensional Scaling Analysis of the Dynamics of a Country Economy by J. A. Tenreiro Machado, Maria Eugénia Mata

“…This paper analyzes the Portuguese short-run business cycles over the last 150 years and presents the multidimensional scaling (MDS) for visualizing the results. …”
Get full text

Performance Analysis of Two Different Types of Waiting Queues with Working Vacations by M. Sundararaman, D. Narasimhan, P. Rajadurai

“…Several system performances are numerically displayed, including system state probabilities, mean busy cycles, mean queue lengths, sensitivity analysis, and cost optimization values. …”
Get full text

The Cultural Economy Moment? by Flew Terry

“…The paper concludes by identifying areas such as the value of information, the value of networks, motivations for participation in online social networks, and the impact of business cycles on cultural sectors as areas of potentially fruitful inter-disciplinary engagement around the nature of cultural economy.…”
Get full text

Numerical Exploration of Kaldorian Interregional Macrodynamics: Enhanced Stability and Predominance of Period Doubling under Flexible Exchange Rates by Toichiro Asada, Christos Douskos, Vassilis Kalantonis, Panagiotis Markellos

“…We present a discrete two-regional Kaldorian macrodynamic model with flexible exchange rates and explore numerically the stability of equilibrium and the possibility of generation of business cycles. We use a grid search method in two-dimensional parameter subspaces, and coefficient criteria for the flip and Hopf bifurcation curves, to determine the stability region and its boundary curves in several parameter ranges. …”
Get full text

Occupational Situation of the Rural Farming and Landless Population in Poland in 2002-2017 by Włodzimierz Kołodziejczak

“…In the longer term, the adverse impact of business cycles may also deteriorate the situation of landless men if their equilibrium unemployment level “follows” the real unemployment rate.…”
Get full text

A growth regime approach to demand, distribution, and employment with endogenous NAIRU dynamics by Hiroshi Nishi

“…Thus, our growth regime approach confirms the primary conclusions of the Régulation theory: an economy has business cycles and growth patterns specific to its institutional structures.…”
Get full text

Credit Cycles: Econometric Analysis and Evidence for Russia by N. V. Artamonov, D. V. Artamonov, V. A. Artamonov

“…For the present study of credit cycles and their impact to real business cycles statistical data (quarterly time series) on the following factors for Russian Federation are collected: nominal and real GDP, monetary base M2, short-term interest rate, long-term interest rate (10-year treasuries bill rate), total debt outstanding. …”
Get full text