Medium Term Business Cycles in Developing Countries
نویسندگان
چکیده
منابع مشابه
Real Business Cycles in Emerging Countries?
Recently, a number of studies have departed from the mainstream view that in order to explain economic fluctuations in emerging markets, theoretical models must take explicitly into account the role of policy and market failures. This line of research argues that business cycles in emerging countries can be explained well using a neoclassical model featuring no distortions and driven solely by ...
متن کاملThe price of democracy: sovereign risk ratings, bond spreads and political business cycles in developing countries
This study examines the proposition that political business cycle theory is relevant to private foreign lenders to developing countries. We find that: credit rating agencies downgrade developing country ratings more often in election years, and do so by approximately one rating level; bond spreads are higher in the 60 days before an election compared to spreads in the 60 days after an election;...
متن کاملEffects of Business Cycles on Bilateral Trade Flows in Eurozone Countries
In economic theory, various determinants are considered to explore their effects on trade patterns. Accordingly, business cycles indicate turbulences in economic activities. Business cycles and their fluctuations cause a change in demand for goods and services from the other country then it can affect trade flows. In this study, by using a gravity model, we study the effects of business cycles ...
متن کاملThe Effect of Business Cycle Fluctuations on Import Protection in Selected Developing Countries
In recent decades, theorists proposed the role of domestic components such as interior active groups, policies and macroeconomic indicators on determination of protection policies. In the context of recent studies, this study has investigated the effect of business cycle fluctuations on import protection for selected developing countries in 1995-2011 by using dynamic panel data method. Furtherm...
متن کاملThe Business Model Handbook for Developing Countries
The Business Model Handbook (BMH) for Developing Countries is a proposition for a tool that has for goal to help Small and Medium Sized Enterprises (SME) and local entrepreneurs to design business models that use Information and Communication Technologies (ICT) and particularly the Internet in the context of developing economies. It shall help to develop the urgently needed critical mass of kno...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2014
ISSN: 1945-7707,1945-7715
DOI: 10.1257/mac.6.4.209