scholarly journals Measuring business cycles: Empirical evidence based on an unobserved component approach

2019 ◽  
Vol 7 (1) ◽  
pp. 1571692 ◽  
Author(s):  
Huthaifa Alqaralleh ◽  
Juan Sapena
Keyword(s):  
Business Cycles ◽  
Empirical Evidence ◽  
Evidence Based ◽  
Unobserved Component ◽  
Component Approach

scholarly journals Media reporting and business cycles: empirical evidence based on news data

2019 ◽  
Vol 59 (3) ◽  
pp. 1085-1105
Author(s):  
Michael J. Lamla ◽  
Sarah M. Lein ◽  
Jan-Egbert Sturm
Keyword(s):  
Business Cycles ◽  
Empirical Evidence ◽  
Evidence Based ◽  
Media Reporting

scholarly journals News-Driven Business Cycles: Insights and Challenges

2014 ◽  
Vol 52 (4) ◽  
pp. 993-1074 ◽  
Author(s):  
Paul Beaudry ◽  
Franck Portier
Keyword(s):  
Business Cycles ◽  
Business Cycle ◽  
Empirical Evidence ◽  
Economic Fluctuations ◽  
Aggregate Fluctuations ◽  
Business Cycle Fluctuations ◽  
Widespread Belief ◽  
Way Of Thinking ◽  
The Many

There is a widespread belief that changes in expectations may be an important independent driver of economic fluctuations. The news view of business cycles offers a formalization of this perspective. In this paper we discuss mechanisms by which changes in agents' information, due to the arrival of news, can cause business cycle fluctuations driven by expectational change, and we review the empirical evidence aimed at evaluating their relevance. In particular, we highlight how the literature on news and business cycles offers a coherent way of thinking about aggregate fluctuations, while at the same time we emphasize the many challenges that must be addressed before a proper assessment of the role of news in business cycles can be established. (JEL D83, D84, E13, E32, O33)

scholarly journals Trade Linkages between Malaysia and the OIC Member Countries: Empirical Evidence Based on Gravity Model

2014 ◽  
Vol 11 (11) ◽  
pp. 1938-1944
Author(s):  
Irwan Shah Zainal Abidin ◽  
Mohd Dan Jantan ◽  
Nurulhuda Mohd Satar ◽  
Muhammad Haseeb
Keyword(s):  
Empirical Evidence ◽  
Gravity Model ◽  
Evidence Based

The Promise of Heart Rate Variability Biofeedback: Evidence-Based Applications

Biofeedback ◽  
2013 ◽  
Vol 41 (3) ◽  
pp. 110-120 ◽  
Author(s):  
Richard Gevirtz
Keyword(s):  
Heart Rate ◽  
Heart Rate Variability ◽  
Empirical Evidence ◽  
Point Of View ◽  
Evidence Based ◽  
Multiple Sources ◽  
Heart Rate Variability Biofeedback

Heart rate variability biofeedback has enjoyed increased popularity in recent years. In this review, empirical evidence from multiple sources is presented from the point of view of possible mechanisms of effect. While more research is clearly needed, the data thus far are certainly promising.

Estimating the New Keynesian Phillips Curve for the UK: evidence from the inflation-indexed bonds market

2017 ◽  
Vol 18 (1) ◽  
Author(s):  
Hardik A. Marfatia
Keyword(s):  
Phillips Curve ◽  
New Keynesian ◽  
Inflation Expectations ◽  
New Keynesian Phillips Curve ◽  
Indexed Bonds ◽  
Unobserved Component ◽  
Expected Inflation ◽  
Component Approach ◽  
Unobserved Component Model ◽  
The Uk

Abstract This paper utilizes the information in the inflation-indexed bonds market to estimate the New Keynesian Phillips Curve for the UK using an unobserved component approach. The main advantage of this approach comes from using the Kalman filter to explicitly estimate the unobserved expected inflation from the observed break-even inflation rates – the yield difference between the inflation-indexed bonds and the nominal bonds. Our results show that the expected inflation estimated from the unobserved component model plays a significant role in explaining the inflation dynamics in the UK. The evidence also suggests that the estimated inflation expectations are better able to capture the evolution of actual inflation process as compared to the break-even inflation rate as a proxy for expected inflation.

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