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Political business cycle, fluctuation of economic activity that results from an external intervention of political actors.
Some economists argue that the Prescott-Kydland paper, rather than rule out demand as a cause of business cycle fluctuation, simply added supply shocks as an additional cause.
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A year ago, my colleague at the Free Exchange blog captured the constraints facing Mr Obama The real rub for Mr Obama is...that there is only so much any president can do to combat business cycle fluctuations.
Analysis of consumption expenditure is important for understanding short-term (business cycle) fluctuations and for examining long-run issues such as the level of interest rates and the size of the capital stock (the amount of buildings, machinery, and other reproducible assets useful in producing goods and services).
A historical chronology of business cycle fluctuations between periods of expansion and recession is an important tool for research.
Empirical findings showed that personal income tax is the most effective tax in stabilizing business cycle fluctuations.
Experimental results that show cycle to cycle fluctuations in a four-cylinder naturally aspirated gasoline fuelled SI engine are presented.
The recent business cycle fluctuations have largely been driven by asset price volatility which we suspect to be a key factor behind these results.
Empirical evidence also supports a historical pro-cyclical relationship between fertility rates and business cycle fluctuations (Silver 1965; Lee 1990; Sobotka et al. 2011).
Thus, as expected, I find real wage cyclicality is lower in a country with institutions that hinder firms to respond to business cycle fluctuations.
Lastly, duality in the labour market insulates workers under permanent contracts (around 67 70 % of the workforce with high levels of employment protection) from business cycle fluctuations.
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CEO of Professional Science Editing for Scientists @ prosciediting.com