SKYSCRAPERS AND BUSINESS CYCLES potx

... finance SKYSCRAPERS AND BUSINESS CYCLES 63 13 See Atack and Margo (1996). They examined the market for land in New York City during the nineteenth century. Their evidence suggests that land values ... Paul Wicks, and the two referees of this paper for the helpful criticism and suggestions. SKYSCRAPERS AND BUSINESS CYCLES M ARK THORNTON T he skyscraper index, created by e...

Ngày tải lên: 23/03/2014, 02:20

... creativity and design in a business context? ● What are the UK’s strengths and weaknesses in creativity and design? ● How can creativity and design enhance value and productivity in firms? ● How can businesses ... creativity and design can enhance value and productivity in firms, and supporting evidence; and ● Identifying the internal and external factors that stimulate...

Ngày tải lên: 06/03/2014, 21:20

... Kiyotaki and Moore (1997a). See also Bernanke and Gertler (1989), Chen (1997), Kiyotaki and Moore (1997b), Scheinkman and Weiss (1986) and Shleifer and Vishny (1992). Gertler (1988) and Bernanke ... temporary productivity shock on the land price would be much smaller. ±31± # Japanese Economic Association 1998 N. Kiyotaki: Credit and Business Cycles and land value) also d...

Ngày tải lên: 15/03/2014, 04:20

... third and fourth Spanish editions have been published in 2006 and 2009. Moreover, Tatjana Danilova and Grigory Sapov have completed a Russian translation, xxviii Money, Bank Credit, and Economic Cycles MONEY, ... of the Cycle . . . . . . . .476 Business Cycles Prior to the Industrial Revolution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .479 Business Cyc...

Ngày tải lên: 17/03/2014, 10:20

... (ASAs), Auditing and Assurance Standards (AUSs), standards issued by the Information Systems Audit and Control Association (ISACA), Standards Australia and the International Standards Organisation ... understanding of the goals, objectives and priorities of the entity as they are articulated in corporate and business plans, and similar documents. At a more detailed level, bus...

Ngày tải lên: 23/03/2014, 04:20

... materials and methods, statistical and theoretical, are only sub- servient to them and worse than useless without them. Joseph Schumpeter, Business Cycles. (1939) 21 Joseph Schumpeter, BUSINESS ... bushel of wheat either with, say, a certain quantity of land and a certain quantity of labor or with more land and less labor or less land and more labor, other factors...

Ngày tải lên: 29/03/2014, 19:20

... 15:12 9in x 6in b808-ch01 2 Business Cycles: Fact, Fallacy and Fantasy measurement and identification of business cycles. During this time, Burns and Mitchell [50] and researchers at the National ... review and discussion of these models, see Christiano, Eichenbaum, and Evans [66]. 93 October 9, 2009 15:12 9in x 6in b808-ch05 94 Business Cycles: Fact, Fallacy and Fantasy...

Ngày tải lên: 09/12/2013, 10:56

... factors, such as bank runs and international monetary stringency. Changes in Business Cycles 35 The Beneficial Effects of Postwar Policy The rise of aggregate demand management and other reforms have ... 1–19. Burns, Arthur F. and Wesley C. Mitchell. 1946. Measuring Business Cycles. New York: NBER. Calomiris, Charles W. and R. Glenn Hubbard. 1989. “Price Flexibility, Credit Avai...

Ngày tải lên: 17/02/2014, 21:20

... GDP per capita grew at a yearly rate of 3.7% and 4.8% (before and after World War I) during expansions, and real loans per capita at a rate of 4.4% and 1.5% respectively; that is, real GDP per ... happen during downturns and to answer that question in detail, we now focus on recessions and recoveries. 3 The Credit in the Boom and the Severity of the Recession With our business...

Ngày tải lên: 06/03/2014, 08:20

... solved and analyzed. Section 4 presents the centralized and decentralized organizational framework. Section 5 discusses the empirical implications and the links to banking consolidation and technological ... nec- essarily hurt small business lending. Larger banks do not necessarily abandon small business lending and small businesses are not per se endangered by banking consolida...

Ngày tải lên: 06/03/2014, 09:22