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A Discussion of the Main Tenets of Austrian Business Cycle Theory
Austrian business cycle theory Stability of consumers time preference Technical progress
2016/1/27
The aim of this paper is to critically assess Austrian Business Cycle (ABC) theory. Its foundation was laid in Theory of Money and Credit (1912) by Ludwig von Mises, which F. A. Hayek elaborated in mo...
Investment of Czech Institutional Sectors in the Business Cycle
Business cycle Institutional sectors Investment
2016/1/27
Paper deals with the analysis of investment in the business cycle. Analysis is based on available quarterly data for the Czech Republic since 1st quarter 1999 till 1st quarter 2014. It concludes that ...
Changes in Accounting Solutions for Transformations of Business Companies and Cooperatives since the Beginning of 2012
Balance sheet date for measurement Accounting methods for transformations in Czech law Acquisition
2016/1/27
It can be concluded from an analysis and comparison of the legal and accounting concepts related to the amendment of the Transformation of Business Companies and Cooperatives Act and Regulation 500, t...
Theory and Practice of Business Process Management
ARIS (Architecture of Integrated Information Systems) ARIS Business Architect ARIS Toolset Business Process Management,
2016/1/26
Traditional model of management is based on hierarchical decomposition of organizational structure. Company is divided on workroom, union, partitions and every formation of his has independent agenda ...
Real-Time Measurement of Business Conditions
Business cycle Expansion Recession State space model Macroeconomic forecasting Dynamic factor model Contraction Turning point
2015/9/18
We construct a framework for measuring economic activity at high frequency, potentially in real time. We use a variety of stock and flow data observed at mixed frequencies (including very high frequen...
Globalization,the Business Cycle,and Macroeconomic Monitoring
Expansion Contraction Recession Turning point Dynamic factor model Nowcasting
2015/9/18
We propose and implement a framework for characterizing and monitoring theglobal business cycle. Our framework utilizes high-frequency data, allows us to accountfor a potentially large amount of missi...
Monetary models that specify explicit frictions to generate money demand have beendeveloped over the last 20 years and have been used to address many questions. Inthis paper we investigate the short-r...
An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results
Rational Expectations Policy Evaluation Results
2015/8/5
An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results.
An Econometric Business Cycle Model with Rational Expectations: Some Estimation Results
Rational Expectations Some Estimation Results
2015/8/5
An Econometric Business Cycle Model with Rational Expectations: Some Estimation Results.
Many economists have recently proposed nominal GNP targetting as a new
rule for monetary p0licy.l Nominal GNP targetting is typically viewed as
an alternative to money-growth targetting. It prescrib...
ENDOGENOUS GROWTH AND ENDOGENOUS BUSINESS CYCLES
Endogenous Growth Endogenous Business Cycles Innovation R&D, Technological Progress RBC
2015/7/21
This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cycles that can account for two key features of the aggregate data: balanced growth in the long run and...
Income and Wealth Distributions Along the Business Cycle: Implications from the Neoclassical Growth Model
Neoclassical growth model heterogeneous agents aggregation business cycle income and wealth distributions inequality
2015/7/21
This paper studies the business cycle dynamics of income and wealth distributions in the context of the neoclassical growth model where agents are heterogeneous in initial wealth and non-acquired skil...
Deterring Predation in Telecommunications:Are Line-of-Business Restraints Needed?
Deterring Predation Telecommunications Line-of-Business Restraints Needed
2015/7/21
Deterring Predation in Telecommunications:Are Line-of-Business Restraints Needed?
Solving the multi-country real business cycle model using ergodic set methods
Heterogeneous agents Numerical methods Stochastic simulation Parameterized expectations algorithm Projection Perturbation
2015/7/21
Solving the multi-country real business cycle model using ergodic set methods.
Using Consumer Theory to Test Competing Business Cycle Models
Consumers luxury goods goods utilization
2015/7/20
Consumer theory suggests that expenditures on luxuries and dura-bles should be more cyclical than expenditures on necessities and nondurables. Estimating luxuriousness and durability for 57 con-sumer ...