The Effect of the Business Cycle on Trade Flows of Industrial Countries

1971 ◽  
Vol 26 (2) ◽  
pp. 251
Author(s):  
F. Gerard Adams ◽  
Helen B. Junz
Keyword(s):  
Business Cycle ◽  
Trade Flows ◽  
Industrial Countries ◽  
The Business Cycle

THE EFFECT OF THE BUSINESS CYCLE ON TRADE FLOWS OF INDUSTRIAL COUNTRIES

1971 ◽  
Vol 26 (2) ◽  
pp. 251-268 ◽  
Author(s):  
Robert Solomon ◽  
F. Gerard Adams ◽  
Helen B. Junz
Keyword(s):  
Business Cycle ◽  
Trade Flows ◽  
Industrial Countries ◽  
The Business Cycle

How Is Tax Policy Conducted Over the Business Cycle?

2015 ◽  
Vol 7 (3) ◽  
pp. 327-370 ◽  
Author(s):  
Carlos A. Vegh ◽  
Guillermo Vuletin
Keyword(s):  
Business Cycle ◽  
Government Spending ◽  
Tax Policy ◽  
Developing Economies ◽  
Value Added ◽  
Tax Rates ◽  
Industrial Countries ◽  
Cyclical Behavior ◽  
The Business Cycle ◽  
Shed Light

It is well known by now that government spending has typically been procyclical in developing economies but acyclical or countercyclical in industrial countries. Little, if any, is known, however, about the cyclical behavior of tax rates (as opposed to tax revenues, which are endogenous to the business cycle and, hence, cannot shed light on the cyclicality of tax policy). We build a novel dataset on tax rates for 62 countries for the period 1960–2013 that comprises corporate income, personal income, and value-added tax rates. We find that tax policy is acyclical in industrial countries but mostly procyclical in developing countries. (JEL E32, E64, H24, H25, O11, O23)

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.

Sign in / Sign up

Export Citation Format

Share Document