Browsing Τμήμα Οικονομικών / Department of Economics by Subject "business cycle"
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Article
The behaviour of stock returns and interest rates over the business cycle in the US and UK
(2001)The paper studies the dynamic behaviour of the conditional mean and volatility of weekly financial variables in relation to the business cycle for the USA and UK economies. The mean US S&P stock returns steadily increases ...
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Article
Cyclical upgrading of labor and employment differences across skill groups
(2011)This paper examines the cyclical properties of employment rates in a search and matching model that features heterogeneous workers and jobs. I capture heterogeneity by postulating two skill levels: high and low. All low-skill ...
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Article
Macroeconomic adjustment and poverty in selected industrial countries
(1991)The business cycle affects the incidence of poverty, as shown by evidence from Australia, Sweden, the United Kingdom, and the United States. Many of the poor in these countries are outside the labor market, and transfers ...