Business Cycles in an Capital Market and Macroeconomic Framework
Business cycles are fluctuations in economic activity that follow a wave like pattern. While generally simplified into a single wave, …
fiscal policy
Yield Curve and the Business Cycle
The shape of the yield curve is frequently cited as a predictor of economic growth and as an indicator of …
Monetary and Fiscal Policy
Monetary Policy Monetary policy is often used as a mechanism for intervention in the business cycle. The common theme is that …
Module 11.3 LOS 11.k: Mundell-Fleming Model, Pure Monetary Model, Dornbusch Overshooting Model, Portfolio Balance Approach
Monetary and fiscal policies can have effects on exchange rates. The CFA curriculum covers a few theories on the mechanisms …