HOW BUSINESS CLIMATE AFFECTS THE ECONOMIC CYCLES OF FINAL CONSUMPTION EXPENDITURE OF HOUSEHOLDS IN EU Cover Image

ВЛИЯНИЕ НА БИЗНЕС КЛИМАТА ВЪРХУ ИКОНОМИЧЕСКИТЕ ЦИКЛИ НА ИНДИВИДУАЛНОТО КРАЙНО ПОТРЕБЛЕНИЕ НА ДОМАКИНСТВАТА В РАМКИТЕ НА ЕС
HOW BUSINESS CLIMATE AFFECTS THE ECONOMIC CYCLES OF FINAL CONSUMPTION EXPENDITURE OF HOUSEHOLDS IN EU

Author(s): Dimitar Radilov, Georgi Chervenski
Subject(s): Economy
Published by: ЮГОЗАПАДЕН УНИВЕРСИТЕТ »НЕОФИТ РИЛСКИ«
Keywords: E21; E32

Summary/Abstract: The paper proposes a methodology for testing the degree of synchronization between the business climate and economic cycles in the final consumption expenditure of households for six countries in Central and Eastern Europe. It is measured by cross-correlation coefficients taking into account different time lags.The results show that the following indicator financial situation over the next 12 months is procycle. The indicator for unemployment expectations over the next 12 months is countercycle

  • Issue Year: 12/2016
  • Issue No: 2
  • Page Range: 103-110
  • Page Count: 8
  • Language: Bulgarian