Inflation Implications in Relation to the Business Cycle
Inflation means generally rising prices. Inflation typically accelerates late in the business cycle (near the peak). Disinflation means a deceleration in the …
business cycle
Business Cycle
At a fundamental level, the business cycle arises in response to the interaction of uncertainty, expectational errors, and rigidities that …
Module 49.1 LOS 49.f: Effects of Business Cycle on Credit Spreads
Bonds with credit risk have to pay a credit risk premium, called the credit spread, which is the difference in …