scholarly journals Skill-Biased Technological Change and the Business Cycle

2013 ◽  
Vol 95 (4) ◽  
pp. 1222-1237 ◽  
Author(s):  
Almut Balleer ◽  
Thijs van Rens
Keyword(s):  
Business Cycle ◽  
Technological Change ◽  
Biased Technological Change ◽  
The Business Cycle

The role of investment-specific technological change in the business cycle

2000 ◽  
Vol 44 (1) ◽  
pp. 91-115 ◽  
Author(s):  
Jeremy Greenwood ◽  
Zvi Hercowitz ◽  
Per Krusell
Keyword(s):  
Business Cycle ◽  
Technological Change ◽  
The Business Cycle

The Effect of Intensive Margin Changes to Task Content on Employment Dynamics over the Business Cycle

ILR Review ◽  
2020 ◽  
pp. 001979392091074
Author(s):  
Matthew Ross
Keyword(s):  
Business Cycle ◽  
Technological Change ◽  
Empirical Studies ◽  
Transition Rates ◽  
Cross Sectional ◽  
The Great Recession ◽  
Employment Transitions ◽  
Occupational Tasks ◽  
Routine Tasks ◽  
The Business Cycle

Previous empirical studies investigating the employment impact of technological change have relied on cross-sectional measures of occupational tasks. Here, the author links microdata on individual workers to panel data on occupational tasks while controlling for individual unobservables. In examining the association between routine and abstract tasks and employment transitions, he finds new and economically important evidence that changes to tasks within occupations are strongly related to variation in the transition rates to non-employment and to different occupations. Consistent with recent work focused on technological change during the Great Recession, within-occupation increases in routine tasks are found to increase outgoing transition rates but these effects are concentrated during periods of economic turmoil. The results also show that increases in abstract tasks are associated with decreases in the outgoing transition rates, but this relationship is relatively invariant to business cycle conditions.

Stock Returns and the Business Cycle

CFA Digest ◽  
2005 ◽  
Vol 35 (2) ◽  
pp. 42-43
Author(s):  
Daniel B. Cashion
Keyword(s):  
Business Cycle ◽  
Stock Returns ◽  
The Business Cycle

EXPANSIONS AND RECESSIONS IN THE MEXICAN STATES: A CLASSICAL BUSINESS CYCLES APPROACH

2017 ◽  
Vol 3 (5) ◽  
pp. 32
Author(s):  
Pablo Mejía-Reyes
Keyword(s):  
Business Cycles ◽  
Business Cycle ◽  
Monthly Basis ◽  
Production Index ◽  
Clear Cut ◽  
Output Measure ◽  
Central Regions ◽  
The Business Cycle ◽  
National Business ◽  
Cycle Indicator

This paper aims to document expansions and recessions characteristics for 17 states of Mexico over the period 1993-2006 by using a classical business cycle approach. We use the manufacturing production index for each state as the business cycle indicator since it is the only output measure available on a monthly basis. According to this approach, we analyse asymmetries in mean, volatility and duration as well as synchronisation over the business cycle regimes (expansions and recessions) for each case. Our results indicate that recessions are less persistent and more volatile (in general) than expansions in most Mexican states; yet, there is no clear cut evidence on mean asymmetries. In turn, there seems to be strong links between the business cycle regimes within the Northern and Central regions of the country and between states with similar industrialisation patterns, although it is difficult to claim that a national business cycle exists.

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