Search results for "BUSINESS CYCLES"

showing 3 items of 13 documents

ANALYSIS OF BUSINESS CYCLES CONVERGENCE IN A SWITCHING REGIME VIEW

2012

In this paper I analyzed the convergence between Romanian and Euro Zone`s business cycles using a Switching approach. Considering the evolution of final consumption expenditure as proxy for the business cycles, the underlying study is calibrated on the second key feature of Burns and Mitchell`s (1946) definition about business cycles, namely the cycles are divided and also treated differently for cases of expansionary and downward regimes. Therefore a cyclical convergence between Romanian and Euro Zone`s business cycles is characterized by synchronization in the occurrence of different regimes (states) and also in the time for which these regimes are standing up. For this purpose, I called …

jel:E32Business Cycles consumption expenditure convergence permanent income filter correlation.jel:F41Revista economica
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Journal of Economics and Management Research, Vol. 4/5

2016

objective well-being - LatviaForeign direct investment in the BalticsDiffusion of innovationsaccounting informationKnowledge managementhealth care financing:SOCIAL SCIENCES::Business and economics [Research Subject Categories]cohesion policyspatial econometric analysispolitical business cyclesclient perceived participation value - Lithuaniatariff and non-tariff barriers
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The roles of job and worker restructuring in aggregate wage growth dynamics

2019

We propose an approach for measuring and analyzing the dynamics of the standard aggregate wage growth of macro statistics with micro data. Our method decomposes the aggregate wage growth into the wage growth of job stayers and into various terms related to job and worker restructuring. This method produces explicit expressions with clear interpretations for the various restructuring components. Using comprehensive longitudinal employer–employee data, we study how job and worker restructuring influence the aggregate wage growth and its cyclicality. The results highlight the importance of drawing a sharp distinction between job and worker restructuring in the analysis of aggregate wage growth…

restructuringstatistical decompositionbusiness cyclessuhdannevaihtelutansiokehityslinked employer-employee datahealth care economics and organizationsindex theory
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