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cyclical component

Extracting the Cyclical Component in Hours Worked: a Bayesian Approach

Extracting the Cyclical Component in Hours Worked: a Bayesian Approach

... the cyclical component for the seasonally adjusted time ...irregular component that is represented by a Gaussian mixture with two ...the cyclical component of per capita hours ...

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The Rise of Dollar Credit in Emerging Market Economies and US Monetary Policy

The Rise of Dollar Credit in Emerging Market Economies and US Monetary Policy

... the cyclical variations from its long-term trend, by taking into account the information on US interest rate and the dollar ...the cyclical component in dollar credit was at different points in time ...

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Back splicing of cement production and characterization of its economic cycle: The case of Chile (1991 2015)

Back splicing of cement production and characterization of its economic cycle: The case of Chile (1991 2015)

... 2013). Figure 5a shows the evolution of the cyclical component of the cement production, spliced by the cointegration method. We first present some cyclical behavior irregularities. Particularly, a ...

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The long term trends on Russian electricity market: comparison of empirical mode and wavelet decompositions

The long term trends on Russian electricity market: comparison of empirical mode and wavelet decompositions

... trend-cyclical component is likely to better correspond to the "true" one, rather than the trend-cyclical components filtered by the methods without such ...

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Disentangling trend and cycle in the RUR-11 unemployment series - an unobserved component modelling approach. Economic Papers No. 140, February 2000. ECFIN/27/2000-EN

Disentangling trend and cycle in the RUR-11 unemployment series - an unobserved component modelling approach. Economic Papers No. 140, February 2000. ECFIN/27/2000-EN

... estimation produced a more specific model. Note that in the similar cycle case, an erratic component is still not required. As a matter of fact, the above specifications are very close to the one obtained for the ...

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Testing the Relationship between Government Expenditure and Private Investment: The Case of Small Open Economies

Testing the Relationship between Government Expenditure and Private Investment: The Case of Small Open Economies

... expenditure’s cyclical component increase led private investment to grow after one year in the case of ...expenditure’s cyclical component led to decrease private investment’s cyclical ...

5

Is the Fiscal Policy of the Czech Republic Pro-cyclical?

Is the Fiscal Policy of the Czech Republic Pro-cyclical?

... • The structural balance was in defi cit throughout 1998–2012, no matter whether the government was right or le -wing orientated. Moreover, the structural defi cits of 2005–2008 were notably masked by the positive ...

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Cyclical behavior of international fund flows

Cyclical behavior of international fund flows

... the cyclical behavior of fund flows. In model 1, the cyclical component of output is regressed on the cyclical component of fund ...the cyclical component of output ...

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Does Internet access to official data display any regularity: case of the Electronic Data Delivery System of the Central Bank of Turkey

Does Internet access to official data display any regularity: case of the Electronic Data Delivery System of the Central Bank of Turkey

... Table 2 and Table 3: In our first model in Table 2, non-cyclical component of daily data access figures (deviations from HP-trend) is regressed on its lags and calendar variables. As one may realize, ...

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How big is the 'German locomotive'? A perspective from Central and Eastern European countries' unemployment rates

How big is the 'German locomotive'? A perspective from Central and Eastern European countries' unemployment rates

... the cyclical component of the German real GDP as the (common) transition ...the cyclical component of our central and eastern European countries’ unemployment rates share common features that ...

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Cyclical Surfaces Created by Helix on Torus

Cyclical Surfaces Created by Helix on Torus

... the cyclical surface Φ´. The paper describes modelling of cyclical surfaces created by moving circles about tangent, principal normal or binormal of the helix ...left-handed cyclical helical surfaces ...

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Measures aimed at mitigating pro cyclical effects of the Capital Requirements Framework: counter cyclical capital buffer proposals

Measures aimed at mitigating pro cyclical effects of the Capital Requirements Framework: counter cyclical capital buffer proposals

... Counter Cyclical Buffer Proposal – a response to the recent financial crisis (which to a significant extent, focuses on banking sector capital requirements), should also take greater account of more forward ...

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Exploring the optimality of cyclical emission rates

Exploring the optimality of cyclical emission rates

... Exploring the optimality of cyclical emission rates Halkos, George and Papageorgiou, George Department of Economics, University of Thessaly... ɶ identifies the minimal state of the envir[r] ...

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GEO-CYCLICAL STRUCTURE-BASED HASHING

GEO-CYCLICAL STRUCTURE-BASED HASHING

... In this section, we present a detailed Geo-CSBH Here we present our proposed system and its operational principle. The proposed system is composed by four components that performs a specific function to achieve the set ...

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Fertility related pensions and cyclical instability

Fertility related pensions and cyclical instability

... Another paradoxical result can be derived about the effect of the parameter that describes the financial education of individuals when FR-PAYG pensions exist. A rise in subjective discount factor, in fact, means that ...

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European Economy  Public Finances in EMU 2008  European Economy 2008 X

European Economy Public Finances in EMU 2008 European Economy 2008 X

... In the face of the clear progress made in 2007, the aggregate figures mask several areas of concern especially in view of the ongoing slowdown of economic activity, the extent of which is subject to considerable ...

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Seasonal Cyclical Changes in the Thymus of the Mallard

Seasonal Cyclical Changes in the Thymus of the Mallard

... Thymus section of adult male mallard killed 16 July 1945 x 7 during period of thymic enlargement.. Cortical and medullary zones well demarcated; lobulation well developed.[r] ...

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Time preference and cyclical endogenous growth

Time preference and cyclical endogenous growth

... The relation between time preference and cyclical motion is explored in the literature by Balasko and Ghiglino (1995) and Drugeon (1998). The first authors study the presence of endogenous business cycles on an ...

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The 1911 Revolution in China, the Chinese Calendar, the Imaginary Qi and Healing: Translating Li Fa into an Australian Chinese Calendar and into an English Edition of the Northern Hemispherical Chinese Calendar

The 1911 Revolution in China, the Chinese Calendar, the Imaginary Qi and Healing: Translating Li Fa into an Australian Chinese Calendar and into an English Edition of the Northern Hemispherical Chinese Calendar

... gan-zhi cyclical years, months, days and ‘two-hour time periods into the Gregorian Calendarical years, months and days, I tallied the days and months for the years ...

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Why are aggregate equity payouts pro-cyclical?

Why are aggregate equity payouts pro-cyclical?

... ------------------------------------------------------------------------------------------ It is clear that the basic VM-no-CAC model fails in a wide variety of ways. Most crucially from this paper’s perspective, optimal ...

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