While aggregate shocks account for most business cycle fluctuations, sectoral have become relatively more important since the 1980s. Previous studies show that propagate through industry supply chains. Typically, sectors are defined by similarities in function and/or market. some industries chains within their own sector (vertical), others across a number of (horizontal). Similarity these chain...

Business Process Management Systems (BPMS) is a complex information system that provides designing, administrating, and improving the business processes. Task allocation to human resources is one of the most important issues which should be managed more efficiently in BPMS. Task allocation algorithms are defined in order to meet the various policies of organizations. The most important of these...

This paper intends to harmonize two different approaches to the analysis of the business cycle and in doing so it retrieves the stylized facts of the business cycle in Europe. We start with the ‘classical’ approach proposed in Burns and Mitchell (1946) of dating and analyzing the business cycle; we then adopt the ‘modern’ alternative: the Markov-switching time series model proposed in Hamilton ...

In e-business, knowledge can be extracted from the recorded information by intelligent data analysis and then utilised in the business transaction. E-knowledge is a foundation for e-business. E-business can be supported by an intelligent information system that provides intelligent business process support and advanced support of the e-knowledge management cycle. Knowledge is stored as knowledg...

Inventories play an important role in business cycles. Inventory build-ups add momentum to the economy during expansions, while inventory liquidations sap economic strength during recessions. In addition, because inventory fluctuations are notoriously difficult to predict, they present considerable uncertainty in assessing the economic outlook. The role of inventories in shaping the current out...

Electronic business models (e-business models) are a relatively new and growing research topic within Information Systems Science. The purpose of the paper is to combine critical success factors (CSFs) and life cycle model literature as ways to evaluate e-business models. The study draws empirical data from a survey among leading Finnish companies. In the survey, 104 respondents assessed 20 CSF...

This paper aims at analysing the dynamic properties of real wages over the business cycle. We apply a Bayesian vector autoregressive (BVAR) model and analyse the possible asymmetric behaviour of real wages in response to different macroeconomic shocks. Finally, we use the NBER business cycle periodisation to evaluate how real wages interact with the different shocks during contractions and boom...

The paper develops a non-parametric, non-stationary framework for business-cycle dating based on an innovative statistical methodology known as Adaptive Weights Smoothing (AWS). The methodology is used both for the study of the individual macroeconomic time series relevant to the dating of the business cycle as well as for the estimation of their joint dynamic. Since the business cycle is defin...