Global Business Cycles Linked to Stock Prices and Economic Stability
The article explores various factors that influence job flows during different economic cycles. It discusses the impact of macroeconomic policies, duration-dependent models, inflation, unemployment, and trade linkages on business cycles. The study also analyzes the role of non-market sectors, international stock prices, and long-phased cycles in macroeconomic systems. Key findings include the importance of stabilizing policies, the interconnectedness of global business cycles, and the presence of unit root cycles in US economic data.