Business, Management and Accounting
3 years ago

Shocks to depreciation rate found not significant in driving business cycles.

Nova Science Publishers eBooks
Advances in Business and Management. Volume 18

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The article explores how changes in the rate at which equipment loses value affect economic ups and downs in Bulgaria. By using a model based on real-world data, the researchers found that these changes don't play a big role in driving the country's business cycles. Despite making work hours and wages more unpredictable, these changes don't have a significant impact on the economy's fluctuations.