We show that a seasonal good could be priced countercyclically due to the heterogeneous seasonal shifts in consumer valuations. We provide empirical support for our explanation based on two product ...
The sluggish rollout of that program may be a tribute to careful and diligent policy implementation, but as a countercyclical fiscal injection it’s arguably a timing failure, given that money is ...
Cyclical stocks are often considered an offensive tactic in investing. You use them to hopefully generate high returns as fast as possible when the economy expands. Auto manufacturers, clothing ...
The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an ...