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Business cycles are a type of fluctuation found in the aggregate economic activity of nations that organize their work mainly in business enterprises: a cycle consists of expansions occurring at about the same time in many economic activities, followed by similarly general recessions, contractions, and revivals which merge into the expansion ...
3 Physics cycles. Toggle Physics cycles subsection. 3.1 Mathematics of waves and cycles. 3.2 Electromagnetic spectrum. 3.3 Sound waves. ... Economic and business cycles
Real business-cycle theory (RBC theory) is a class of new classical macroeconomics models in which business-cycle fluctuations are accounted for by real, in contrast to nominal, shocks. [1] RBC theory sees business cycle fluctuations as the efficient response to exogenous changes in the real economic environment.
العربية; Azərbaycanca; বাংলা; Башҡортса; Беларуская; Беларуская (тарашкевіца) Български
The Kitchin cycle is a short business cycle of about 40 months, identified in the 1920s by Joseph Kitchin. [ 1 ] This cycle is believed to be accounted for by time lags in information movement, affecting the decision making of commercial firms.
The Austrian business cycle theory (ABCT) is an economic theory developed by the Austrian School of economics seeking to explain how business cycles occur. The theory views business cycles as the consequence of excessive growth in bank credit due to artificially low interest rates set by a central bank or fractional reserve banks. [ 1 ]
The most useful methods to predict business cycle use methods similar to the organization as Eurostat, OECD and Conference Board. [10] Federal Reserve Bank of Chicago - Chicago Fed National Activity Index (CFNAI) Diffusion Index - The Chicago Fed National Activity Index (CFNAI) Diffusion Index is a macroeconomic model of Business Cycle Models.
Based on his observations of the explicit cyclical movement in the shipbuilding industry, Nobel Prize-winning economist Jan Tinbergen believes the so-called ‘durable goods cycle’ is a result of the lag of the upstream industries such as shipbuilding in response to the cycles in end users markets such as that in freight rates. [9]