Purpose – The purpose of this paper is to test the relationship between gross domestic product (GDP) and agency work. Design/methodology/approach – The paper develops a theoretical model for the time interdependence of GDP, agency work and regular employment and tested model predictions...

Although the share of service sector in Côte d’Ivoire’s real GDP is higher than other sectors, it is widely recognized that the Ivorian economy is mainly based on agricultural sector and thus the fluctuations in this ‘motor’ sector could have a huge impact on the growth process of the...

Purpose – The purpose of this paper is to test the relationship between gross domestic product (GDP) and agency work. Design/methodology/approach – The paper develops a theoretical model for the time interdependence of GDP, agency work and regular employment and tested model predictions...

By generalizing Hamiltons model of the US business cycle to a three-regime Markov-switching vector autoregressive model, this paper analyzes regime shifts in the stochastic process of economic growth in the US, Japan and Europe over the last four decades. Empirical evidence is established for...

This chapter develops a toolkit of neoclassical macroeconomic models, and applies these models to the US economy from 1929 to 2014. We first filter macroeconomic time series into business cycle and long-run components, and show that the long-run component is typically much larger than the...

We use a Bayesian Threshold Vector Autoregression model identified through sign and narrative restrictions to uncover non-linearities in the propagation of energy supply shocks. We find that the transmission of energy supply shocks on consumer prices is stronger in high-inflation regimes,...