Positive and negative stress in business cycle behaviour
AbstractThe economic theory shows as business cycles have longer periods of expansions than contractions. The purpose of this paper is to analyze their behaviour in order to present a metrics that assesses the negative and positive stress of the economic system. In addition, this analysis presents some forecasting implications supporting modern political economy of growth.
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Bibliographic InfoPaper provided by Institute for Economic Research on Firms and Growth - Moncalieri (TO) in its series CERIS Working Paper with number 201001.
Length: 15 pages
Date of creation: Jun 2010
Date of revision:
Business Cycles; Contraction-compression Economic stress; Economic Forecasting;
Find related papers by JEL classification:
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
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