Building a Monthly Chronology of Recessions for the State of Espírito Santo

The state of Espírito Santo has short-term fluctuations in its activity level ("business cycles") that are on average twice more volatile than fluctuations occurring in Brazil. In addition, there are differences in terms of duration between cycles occurring in the state and country. Be...

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Autores principales:	Augusto Reis Gomes, Matheus Albergaria de Magalhães
Formato:	article
Lenguaje:	EN PT
Publicado:	FUCAPE Business School 2015
Materias:	business cycles recessions espírito santo Business HF5001-6182
Acceso en línea:	https://doaj.org/article/aef7841c7407401eba5919edd197731a
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id	oai:doaj.org-article:aef7841c7407401eba5919edd197731a
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spelling	oai:doaj.org-article:aef7841c7407401eba5919edd197731a2021-11-11T15:48:06ZBuilding a Monthly Chronology of Recessions for the State of Espírito Santo1807-734Xhttps://doaj.org/article/aef7841c7407401eba5919edd197731a2015-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123035866002https://doaj.org/toc/1807-734XThe state of Espírito Santo has short-term fluctuations in its activity level ("business cycles") that are on average twice more volatile than fluctuations occurring in Brazil. In addition, there are differences in terms of duration between cycles occurring in the state and country. Because of this, the objective of this work is to build a monthly chronology of recessions for the Espírito Santo over the period between January 1991 and March 2012. In terms of means durations it was found that over the period analyzed the Espírito Santo went through a larger number of recessions than Brazil. On the other hand, in terms of median durations, it was noted that recessions tend to last less in the state than in the country, despite its greater relat ive volatility. Together, these results provide the first empirical characterization of the recessions that occurred in the state in the last 20 years as well as a comparison with the national context.Augusto Reis GomesMatheus Albergaria de MagalhãesFUCAPE Business Schoolarticlebusiness cyclesrecessionsespírito santoBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 12, Iss 2, Pp 25-45 (2015)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	business cycles recessions espírito santo Business HF5001-6182
spellingShingle	business cycles recessions espírito santo Business HF5001-6182 Augusto Reis Gomes Matheus Albergaria de Magalhães Building a Monthly Chronology of Recessions for the State of Espírito Santo
description	The state of Espírito Santo has short-term fluctuations in its activity level ("business cycles") that are on average twice more volatile than fluctuations occurring in Brazil. In addition, there are differences in terms of duration between cycles occurring in the state and country. Because of this, the objective of this work is to build a monthly chronology of recessions for the Espírito Santo over the period between January 1991 and March 2012. In terms of means durations it was found that over the period analyzed the Espírito Santo went through a larger number of recessions than Brazil. On the other hand, in terms of median durations, it was noted that recessions tend to last less in the state than in the country, despite its greater relat ive volatility. Together, these results provide the first empirical characterization of the recessions that occurred in the state in the last 20 years as well as a comparison with the national context.
format	article
author	Augusto Reis Gomes Matheus Albergaria de Magalhães
author_facet	Augusto Reis Gomes Matheus Albergaria de Magalhães
author_sort	Augusto Reis Gomes
title	Building a Monthly Chronology of Recessions for the State of Espírito Santo
title_short	Building a Monthly Chronology of Recessions for the State of Espírito Santo
title_full	Building a Monthly Chronology of Recessions for the State of Espírito Santo
title_fullStr	Building a Monthly Chronology of Recessions for the State of Espírito Santo
title_full_unstemmed	Building a Monthly Chronology of Recessions for the State of Espírito Santo
title_sort	building a monthly chronology of recessions for the state of espírito santo
publisher	FUCAPE Business School
publishDate	2015
url	https://doaj.org/article/aef7841c7407401eba5919edd197731a
work_keys_str_mv	AT augustoreisgomes buildingamonthlychronologyofrecessionsforthestateofespiritosanto AT matheusalbergariademagalhaes buildingamonthlychronologyofrecessionsforthestateofespiritosanto
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Building a Monthly Chronology of Recessions for the State of Espírito Santo

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