Thankfully, due to our experience in operating these types of assets over many years, we have a healthy respect for the cyclicality of markets and the level and type of leverage which is appropriate. |
If firms use the standard oneperiod contract, then the shadow price of external funds is procyclical and the cyclicality decreases with firm size. |
We're not saying the housing market is not cyclical but the cyclicality seems more muted. |
Second, we need to re-examine all aspects of the current regulatory framework to ensure it does not contribute to the intrinsic cyclicality of banking. |
In addition, it is noted that the cyclicality of the steel market should have an impact on the Community industry and exporting producers alike. |
In a 1999 version of Ellen Pau's work, mobility is a quality whose scope is restricted by its inextricable cyclicality. |