Cyclical Patterns of Systemic Risk Metrics

Cyclical Patterns of Employment, Utilization and Profitability

The interaction between income distribution, accumulation, employment and the utilization of capital is central to macroeconomic models in the `heterodox' tradition. This paper examines the stylized pattern of these variables using US data for the period after 1948. We look at the trends and cycles in individual time series and examine the bivariate cycical patterns among the variables. JEL cla...

Cyclical nursing patterns in wild orangutans

Nursing behavior is notoriously difficult to study in arboreal primates, particularly when offspring suckle inconspicuously in nests. Orangutans have the most prolonged nursing period of any mammal, with the cessation of suckling (weaning) estimated to occur at 6 to 8 years of age in the wild. Milk consumption is hypothesized to be relatively constant over this period, but direct evidence is li...

Patterns and risk factors for systemic calcified atherosclerosis.

OBJECTIVE Complex atherosclerotic lesions contain radio-opaque calcium hydroxyapatite deposits with the degree of calcification correlating with the extent of atherosclerosis. In this study, we aim to determine the patterns of systemic atherosclerotic calcification. METHODS AND RESULTS Whole-body electron beam computed tomography scans were performed on 650 asymptomatic subjects to assess the...

Cyclical Effects in Credit Risk Ratings and Default Risk*

It has long been recognised that banking is a procyclical business. That is, banks tend to contract their lending activity when there are business downturns because of their concern about loan quality and repayment probability. This exacerbates the economic downturn as credit constrained businesses and individuals cut back on their real investment activity. In contrast, banks expand their lendi...

An Evaluation of Risk Metrics