Has Inflation Targeting Strategy Made A Difference in Ghanaian Macroeconomic Management? Analysis of Business Cycle Fluctuations and Econometric Estimates

2020 ◽  
Author(s):  
Nana Kwame Akosah ◽  
Imhotep Paul Alagidede ◽  
Eric Schaling
Keyword(s):  
Business Cycle ◽  
Inflation Targeting ◽  
Business Cycle Fluctuations ◽  
Targeting Strategy ◽  
Macroeconomic Management

Business Cycle Fluctuations, Large Shocks, and Development Aid: New Evidence

2010 ◽  
Author(s):  
Era Dabla-Norris ◽  
Camelia Minoiu ◽  
Luis-Felipe Zanna
Keyword(s):  
Business Cycle ◽  
Development Aid ◽  
Business Cycle Fluctuations ◽  
New Evidence

Firing Costs and Business Cycle Fluctuations

2003 ◽  
Author(s):  
Marcelo Veracierto
Keyword(s):  
Business Cycle ◽  
Firing Costs ◽  
Business Cycle Fluctuations

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)

On business cycle fluctuations in USA macroeconomic time series

2016 ◽  
Vol 53 ◽  
pp. 179-186 ◽  
Author(s):  
Khurshid M. Kiani
Keyword(s):  
Time Series ◽  
Business Cycle ◽  
Business Cycle Fluctuations ◽  
Macroeconomic Time Series

scholarly journals Advertising and Business Cycle Fluctuations

2009 ◽  
Author(s):  
Benedetto Molinari ◽  
Francesco Turino
Keyword(s):  
Business Cycle ◽  
Business Cycle Fluctuations

scholarly journals Business Cycles in Algerian Economy: A Bayesian DSGE Approach

2018 ◽  
Vol 2 (1) ◽  
pp. 72-100
Author(s):  
Abdelsalam BOUKHEROUFA
Keyword(s):  
Time Series ◽  
Business Cycles ◽  
Business Cycle ◽  
Equilibrium Model ◽  
Government Spending ◽  
Aggregate Demand ◽  
Dynamic Stochastic General Equilibrium ◽  
Business Cycle Fluctuations ◽  
Output Fluctuations ◽  
Dynamic Stochastic

The main objective of this paper is to highlight the most important shocks that drives the business cycles in the Algerian economy. Using Bayesian estimation techniques, we estimate a dynamic stochastic general equilibrium model (DSGE) using four time series of the Algerian macroeconomics. Through this estimated model, which succeeded in capturing the dynamics of the Algerian economy data, we found three main results: First, the main causes of business cycle fluctuations in the Algerian economy are aggregate demand shocks. Second, the of government spending shock play the most important role in output fluctuations. Third, empirical results show evidences of procyclical in government spending policies.

scholarly journals The role of inventories for the propagation of aggregate fluctuations: lessons for Bulgaria (1999–2019)

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aleksandar Vasilev
Keyword(s):  
Business Cycle ◽  
Design Methodology ◽  
Aggregate Fluctuations ◽  
Content Type ◽  
Consumption Volatility ◽  
Business Cycle Fluctuations ◽  
The Government ◽  
Rbc Models ◽  
Quantitative Importance

PurposeIn this study, inventories are introduced as a productive input into a real-business-cycle (RBC) setup augmented with the government.Design/methodology/approachThe model is calibrated to Bulgarian data for the period 1999–2019. The quantitative importance of the presence of inventories is investigated.FindingsThe quantitative effect of inventories is found to be important: decreasing consumption volatility and increasing employment variability. Those results, however, are at the expense of decreasing wage volatility and increasing investment volatility, and generally worsening the contemporaneous correlations of the main variables with output.Originality/valueFluctuations in inventory levels matter for business cycle fluctuations in Bulgaria, which is a novel result. Still, there is a need for more research on the incorporation of inventories into RBC models to better fit the Bulgarian experience.

scholarly journals Business Cycle Fluctuations in U.S. Macroeconomic Time Series

10.3386/w6528 ◽  
1998 ◽  
Author(s):  
James Stock ◽  
Mark Watson
Keyword(s):  
Time Series ◽  
Business Cycle ◽  
Business Cycle Fluctuations ◽  
Macroeconomic Time Series
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