This paper investigates procyclicality models, bringing attention to that fact that typical measures of model responsiveness are random variables and impacted ...

Brace up for Procyclicality Merry Christmas in advance! Last week I wrote bulls retained a slight edge but would need to display follow up buying conviction to see the Santa Claus rally through.

Are markets headed towards procyclicality? Procyclicality is when stock prices move in tandem with economic growth. While it is due to visit in 2025, the slide in markets is raising the prospect ...

Measurement of Procyclicality: Striving for Standardization and Transparency A key aspect of the ISDA’s response is the emphasis on standardized, easy-to-understand measures of procyclicality to ...

In the past, industrial countries have tended to pursue countercyclical or, at worst, acyclical fiscal policy. In sharp contrast, emerging and developing countries have followed procyclical fiscal ...

Infrastructural development is a major source of capital formation for growth sustainability. However, when there are domestic resources constraints to support required infrastructural development, ...

The WFE Research studies the standard measures of initial margin model procyclicality, which are random variables subject to uncertainty. The margin requirements ensure that the exposure to a failing ...

It first shows that the degree of fiscal procyclicality is twice as high in commodity exporters than in non-commodity exporters. Further, while fiscal procyclicality has been falling in commodity ...

A large literature has documented that fiscal policy is procyclical in emerging markets and developing economies and acyclical/countercyclical in advanced economies. This paper analyzes fiscal ...

Consequently, if one tries to predict the effect of procyclicality upon the current FTX crisis, they will most likely fail, since their findings and measurements of early warning indicators will ...