BUSINESS ECONOMY: EFFICIENT USE OF FIXED ASSETS

Liquidity, Assets and Business Cycles

Equity price is cyclical and often leads the business cycle. These observations have led to the hypothesis that shocks to equity market liquidity are an independent source of the business cycle. In this paper I construct a tractable model to evaluate this hypothesis. After calibrating the model to the US data, I find that a negative liquidity shock in the equity market can generate large reduct...

Business Cycle Features In The Iranian Economy

Test of Real Business Cycle Theory in Iran's economy

This paper tests the importance of real shocks as sources of fluctuations in iran’s economy. For this purpose, based on the work of Boschen and Mills, a set of non-monetary variables which can affect economic growth have been selected and by using an illustrative business cycle model in which the production depends on the past and current value of real shocks, the influence 01’ these variables ...

Managing Cultural Assets from a Business Perspective

Additional copies are available for $15.00 from the address noted above. Orders must be prepaid, with checks made payable to the Council on Library and Information Resources. Laura Price is a senior manager in the Public Services–Assurance Practice of KPMG LLP in Washington D.C. Ms. Price provides audit and advisory services to Federal government clients in both the legislative and executive br...

Managing Knowledge Assets for Business Performance Improvement

In today’s economy more and more organisations are realizing that to acquire and maintain their competitive advantage they must explicitly manage their cognitive resources. For this reason, managers need to understand how they can identify and evaluate existing knowledge assets within the organisation and how to manage these assets in order to achieve the competitive advantage. The relevant pro...