The Sothiccycle or Canicular period is a period of 1,461 ancient Egypt ian years of 365 days each or 1,460 Julian calendar Julian years averaging 365.25 days each . During a Sothiccycle, the 365 day ... the reign of Djer which supposedly indicates the beginning of a Sothiccycle, the rising of Sothis on the same day as the new year. If this does indicate the beginning of a Sothiccycle, it must date ... The Sothiccycle is a specific example of two cycles of differing length interacting to cycle together, here called a tertiary cycle. This is mathematically defined by the formula 1 a 1 b 1 t or half the harmonic mean. In the case of the Sothiccycle the two cycles are a 365d Egyptian ... of the SothicCycle , The Journal of Egyptian Archaeology , 55 1969 , p. 36 40. ref the movement ... by the Sothiccycle. Some are serious enough to be considered problematic for example 1. none of the astronomical ... of the Sothiccycle in ancient Egyptian writing, which may simply be a result of it either being so ... that dating by the Sothiccycle is off by 50 80 years at the outset of the 18th dynasty. Claims ... . ref References reflist Chronology DEFAULTSORT SothicCycle Category Ancient Egyptian calendar ..., in Greek transcribed as Sothis a single year between heliacal risings of Sothis is a Sothic ... it in alignment with the Sothic year, a kind of sidereal year . Normally, a sidereal year is considered ... of the horizon at the latitude of Egypt causes the Sothic year to be slightly smaller. Indeed, it is almost exactly 365.25 days long, the average number of days in a Julian year. This cycle was first ... needed, and determine how many years were between the beginning of a cycle and the observation. One ... http www.answersingenesis.org tj v17 i3 sothic theory.asp Fall of the Sothic theory Egyptian chronology .... Most scholars either move the observation upon which he based this forward by one cycle of Sothis ... , based on July 17 of 1872 BC as the Sothic date 120th year of 12th dynasty, a drift of 30 leap days ... more details
wiktionarypar cycle cyclic cyclical tocright Cycle , and in some cases cyclic , may refer to A cycle of a repeating event or process with Frequency periodicity in many fields physics, mathematics, audio, economics, etc. is one complete occurrence of the event which repeats Bicycle Motorcycle Human powered vehicle Helicopter flight controls Cyclic Cyclic control , one of the main controls on a helicopter Chemistry Cyclic compound Economics Business cycle , economy wide fluctuations in production or economic activity over several months or years Mathematics and physics Algebraic cycle and Hodge cycle , homology classes in algebraic geometry Cycle graph theory , a nontrivial path in a graph from a node to itself Cycle mathematics , a basic permutation all permutations are products of cycles Cyclic mathematics shows other terms in mathematics beginning with cyclic or cycle Turn geometry or cycle, a unit of plane angle equal to 360 degrees Music Cycle music , a section of a piece that is repeated or repeatable Cyclic form , a technique of construction involving multiple sections or movements Cycles Cartel album Cycles Cartel album Cycles Doobie Brothers album Cycles Doobie Brothers album Cycles Frank Sinatra album Cycles Frank Sinatra album Interval cycle , a collection of pitch classes generated from a sequence the same interval class Miscellaneous Cycle baseball , a single, double, triple, and home run in any order by the same player in one game Cycle film Cycle film , a 2008 Malayalam film Instruction cycle , the time period during which a computer processes a machine language instruction Cyclic flower , in botany, one way in which flower parts may be arranged Battery cycle , when a battery is charged. Social cycle various cycles in social sciences See also lookfrom intitle lookfrom cycl intitle cycl List of cycles disambig cs Cyklus de Zyklus el eo Ciklo fr Cycle io Ciklo hu Ciklus egy rtelm s t lap ja no Kretsl p pl Cykl ru simple Cycle ... more details
See also Hitting for the cycle Expand Persian fa yes date December 2009 The Cycle , Dayereh ye Mina is a 1975 Iran ian film directed by Dariush Mehrjui . It was Iran s List of submissions to the 50th Academy Awards for Best Foreign Language Film submission for Best Foreign Language Film at the 50th Academy Awards , the first year that Iran participated in the award. The movie s plot centered on the illegal trade in blood donations against the backdrop poverty and life in shanty towns . http tehranavenue.com article.php?id 807 External links imdb title 0077403 DEFAULTSORT Cycle Category 1975 films Category Iranian films Category Films directed by Dariush Mehrjui Iran film stub Link FA fa fa ... more details
In mathematics , the term cycle decomposition can mean In graph theory , a Cycle decomposition graph theory cycle decomposition is a partitioning of the vertices of a graph into subsets, such that the vertices in each subset lie on a Cycle graph theory cycle . In group theory , a Cycle decomposition group theory cycle decomposition is a useful convention for expressing a permutation in terms of its constituent cycles. mathdab ... more details
Wiktionary Life cycle or lifecycle may refer to Biological life cycle Enterprise Life Cycle Life cycle assessment New product development Product lifecycle Product life cycle management Product lifecycle management Project life cycle Software release life cycle Systems Development Life Cycle Adobe LiveCycle SOA Lifecycle Object lifetime of an object in object oriented programming Disambig de Lebenszyklus es Ciclo de vida eo Vivciklo fr Cycle de vie gl Ciclo de vida pt Ciclo de vida desambigua o zh ... more details
In graph theory and combinatorial optimization , cycle cover may have the following meanings Vertex cycle cover Vertex disjoint cycle cover Edge cycle cover Other possible meanings include A cover for a bicycle Vehicle insurance for a bicycle disambig ... more details
Unreferenced date April 2007 The term cycle of violence refers to repeated acts of violence as a cyclical pattern, associated with high emotions and doctrines of Retributive justice retribution or revenge . The pattern, or cycle, repeats and can happen many times during a relationship. Each phase may last a different length of time and over time the level of violence may increase. It often refers to violent behavior learned as a child and then repeated as an adult, therefore continuing on in a perceived cycle. In the context of Domestic violence abusive personal relationship s, such a cycle is also called a cycle of abuse . ref http www.europrofem.org contri 2 04 en en viol 81en vio.ht Norway Treatment Program For Men Who Batter Haugan, Grethemor Skagseth and N ttestad, Jim Aage. Norwegian University of Science and Technology. Trondheim, Norway ref Dead link date October 2010 See also Feud References reflist External links http sfhelp.org alert cycle map.htm Summary the unremarked cycle of family dysfunction http www.edvp.org GetInformed CycleOfViolence.aspx Eastside Domestic Violence Program http www.domesticviolence.org cycle of violence Cycle of Violence DEFAULTSORT Cycle Of Violence Category Abuse Category Violence sociology stub he ... more details
about a concept in graph theory space allocated to bicycles segregated cycle facilities In graph theory , an area of mathematics, a cycle space is a vector space defined from an undirected graph elements of the cycle space represent formal combinations of cycle graph theory cycles in the graph. Cycle spaces allow one to use the tools of linear algebra to study graphs. A cycle basis is a set of cycles that generates the cycle space. The binary cycle space Let G be a finite simple undirected graph ... cycle space . It is by definition the subspace generated by the edge sets of all the simple cycle ... here also shown dashed is not a simple cycle but an edge disjoint union of two simple cycles. center Image cycle space addition.png Example for adding two cycles center There are a number of basic results concerning the cycle space. The symmetric difference of two simple cycles is either a simple cycle or a union of edge disjoint simple cycles. Using this observation, one can show that an edge set is in the cycle space if and only if it is a disjoint union of simple cycles. Phrased another way the set F of edges is in the cycle space if and only if every vertex in the subgraph spanned by F has even degree. It is not necessary to use all cycles to generate the cycle space if G is connected and any spanning tree mathematics spanning tree T of G is given, then the fundamental cycle s of T form a basis linear algebra basis of the cycle space, known as a cycle basis . The Hamel dimension dimension of the cycle space of a connected graph is thus related to the number of vertices and edges ... provides a cycle basis. An important application of the cycle space are Dual graph Whitney s planarity ... graph s. The integral cycle space The foregoing development can be carried out over the integers ... of the graph in order to define the cycle space, but the definition does not depend on that choice. An integral cycle is a function such that the sum of values on edges oriented into a vertex x equals ... more details
Mergeto V lsungasaga date January 2010 Unreferenced auto yes date December 2009 The V lsung Cycle is a series of legend s in Norse mythology that were first recorded in Middle Ages medieval Iceland . The original Icelandic tales were greatly expanded with native Scandinavian folklore , including that of Helgi Hundingsbane , which, in turn, originally appears to have been a separate tradition the Ylfing s. Mythological material in this Cycle includes the Volsunga Saga , the tale of the tr Otter s Ransom , and others. The V lsung Cycle is partially based on the same subject matter as the Middle High German epic poem Niebelungenlied . See also Volsung Tyrfing Cycle V lsung Norse mythology DEFAULTSORT Volsung Cycle Category Norse mythology Category European mythology Category V lsung cycle Euro myth stub bg el sv V lsungacykeln ... more details
orphan date February 2010 Sick Cycle are electronic music producers Michael West and Levon Maeder from Christchurch , New Zealand , whose style leans towards the heavier sounds of dubstep , drum and bass and breakbeat . Discography Malice 2011, Sick Cycle Records Devil Music Acid Rape 2010, Sick Cycle Records Smoke & Mirrors EP 2010, Section 8 Recordings Various EP 2010, Rottun Recordings Hells Winter EP 2010, Section 8 Recordings Hive Mind EP 2009, Rottun Recordings External links http www.discogs.com artist Sick Cycle Sick Cycle at Discogs http www.sickcycle.co.nz Sick Cycle Main Website Category New Zealand musicians Category Electronic musicians Category Drum and bass musicians Category Dubstep musicians ... more details
Orphan date November 2010 Cycle News was a motorcycling magazine in the United States , published from 1965 to 2010. The magazine was headquartered in Costa Mesa, California and best known for coverage of motorcycle racing. Cycle News was founded in 1965, in Long Beach, California by Chuck and Sharon Clayton. Chuck Clayton purchased a troubled Los Angeles area motorcycling newspaper and changed its name to Cycle News . The Claytons initially ran Cycle News out of their living room. Chuck worked exclusively on the newspaper, relying on Sharon s income at JR Engineering to support the family and keep Cycle News afloat. On evenings and weekends, Sharon handled the business side of the newspaper ... Cite web url http www.superbikeplanet.com 2010 Aug 100831cyclenews.htm title Cycle News Closes date ... races, and was a key source for racing results. Cycle News covered road racing, off road, motocross .... ref Cite web url http www.motorcycle usa.com 2 7841 Motorcycle Article Cycle News Closes.aspx title Cycle News Folds? date 2010 08 31 accessdate 2010 09 01 ref ref Cite web url http hellforleathermagazine.com 2010 09 official cycle news stops publishing title Official Cycle News stops publishing date 2010 09 01 accessdate 2010 09 07 ref Cycle News eventually became one of the highest selling ... Cycle News Folds? date 2010 08 31 accessdate 2010 09 01 ref Cycle News was one of several motorcycle ... for Cycle News Newspaper date 2010 09 02 accessdate 2010 09 02 ref On August 27, 2010, Cycle News Editor Paul Carruthers announced that he was no longer employed at Cycle News . Carruthers, who is a well respected journalist in the motorcycle industry, Citation needed date November 2010 had worked at Cycle ... Splits With Cycle News date 2010 08 27 accessdate 2010 09 01 ref Cycle News closed on August 31 ... industry mag Cycle News ceases publication date 2010 09 01 accessdate 2010 09 02 ref Cycle News made ... 7, 2010, publisher Bob NorVelle reported that Cycle News would continue to feature motorcycle news ... more details
thermodynamics cTopic Processes and Cycles The Kleemenko cycle or one flow cascade cycle is a single stream mixed refrigerant technique used to cool or Liquefaction of gases liquify gases . The term Kleemenko Cycle is used in refrigeration if multi component refrigerants MCR are used in a cycle ref http www.cryogenicsociety.org resources cryo central history of cryogenics History of cryogenics ref . The Russians Russian scientist A.P. Kleemenko described the one flow cascade cycle in the Proceedings of XIII International Conference of Refrigeration in Copenhagen, Denmark, in 1959. It was published in progress in refrigeration science and technology , Volume I Pergamon Press in 1960 pps. 34 39 ref http www.freepatentsonline.com 3592015.html rectification column with two component closed heat exchange cycle ref . See also Hampson Linde cycle Timeline of low temperature technology References reflist External links http cat.inist.fr ?aModele afficheN&cpsidt 1809635 Kleemenko cycle coolers Low cost refrigeration at cryogenic temperatures Thermodynamic cycles state uncollapsed Category Thermodynamic cycles physics stub ... more details
Orphan date February 2009 Refimprove date December 2008 Cycle Oregon is a week long recreational bicycle ride held annually in different parts of the U.S. state of Oregon . It is also the name of a non profit corporation established in 1991 to manage the event. More than a thousand riders participate every year and are supported by vans, meals and facilities. History The first Cycle Oregon took place in September 1988, covering 320 miles 515 kilometers between the Oregon cities of Salem, Oregon Salem and Brookings, Oregon Brookings . More than 1,000 cyclists participated. Description Cycle Oregon currently limits itself to 2,000 participants. The Cycle Oregon route varies from year to year. In 2008, Cycle Oregon began in Elgin, Oregon Elgin on September 6, and finished at Wallowa Lake on September 12, covering more than 420 miles 676 kilometers . Cycle Oregon is a supported ride participants are provided with meals, camping facilities, shower and restroom facilities, and sag wagon support. The cost in 2008 was 825 per rider. Proceeds from Cycle Oregon are donated to charitable projects in the communities that host the event. External links http www.cycleoregon.com Cycle Oregon official website Category Cycling in Oregon Category Organizations based in Oregon Category Bicycle tours Category Cycling organizations in the United States ... more details
Thermodynamics cTopic Processes and Cycles The Vuilleumier cycle is a thermodynamic cycle with applications in low temperature cooling . In some respects it resembles a Stirling cycle or engine, although it has two displacer s with a mechanical linkage connecting them as compared to one in the Stirling cycle. The hot displacer is larger than the cold displacer. The coupling maintains the appropriate phase difference . The displacers do no work emdash they are not pistons. Thus no work is required in an ideal case to operate the cycle. In reality friction and other losses mean that some work is required. Devices operating on this cycle have been able to produce Thermodynamic temperature temperature s as low as 15 Kelvin K using liquid nitrogen to pre cool. Without precooling 77 K was reached with a heat flow of 1 W. The cycle was first patented by Vuilleumier in 1918, and again in Leiden by KW Taconis in 1951. References Experimental techniques in low temperature physics, Guy Kendall White, Philip J. Meeson, Oxford University Press, 2002, p. 30 http books.google.co.uk books?id xO0xMe7JvOsC&lpg PA30&vq Vuilleumier&dq Vuilleumier 20cycle&pg PA30 v snippet&q Vuilleumier&f false Link Thermodynamic cycles DEFAULTSORT Vuilleumier Cycle Category Thermodynamics ... more details
Orphan date February 2009 Wikify date April 2010 Information cycle is the progression of events over time as being processed by media. For example, a story event goes through a series of stages as it evolves by media presented first by the Web, TV, Radio, newspapers, magazines, scholarly journals, and eventually comes into books. Just to stub. Please, clean up See also Information Research Publication cycle External links http www.libraries.psu.edu instruction infocycle infocycle.html Information cycle http www.lib.washington.edu uwill research101 Research 101 http www.lib.utah.edu instruction leap infocycleprimer.htm Primer on the Information Cycle Category Research Category Information culture stub ... more details
In ecology or geoscience , the iron cycle is the biogeochemical cycle of iron through landform s, the Earth s atmosphere atmosphere , and ocean s. The iron cycle affects dust deposition and Particulate aerosol iron bioavailability. . References Jickells, T. D., et al. 2005, April 1 . Global iron connections between desert dust, ocean biogeochemistry, and climate. In Science, 308 , 67 &ndash 71. Category Geochemistry Category Geological processes geol stub th ... more details
Unreferenced date January 2008 The Agricultural cycle is the annual cycle of activitites related to the growth and harvest of a agriculture crop . These activities include loosening the soil, seeding, special watering, moving plants when they grow bigger, and harvest ing, among others. The agricultural cycle is usually based on the lunar calendar or the seasons, because these tend to more accurately indicate the weather conditions during a period of time than the solar calendar . See also French Republican Calendar Agri stub Category Agriculture Category Crops ar ... more details
A symphonic song cycle can either refer to a symphony composed of separate Movement music movements played consecutively or to a set of symphonic works linked by theme, common composer, or common conductor. A symphonic cycle should not be confused with the closely related song cycle . Symphonic cycle as a whole symphonic work A symphony is essentially cyclic in nature, typically containing four interconnected movements as part of a larger work. At first the movements of a symphony were meant to be distributed among other works arias , overtures , concertos in extended evening social events at which music served a background or occasionally center role. The movements were meant to be connected and identified as part of the symphonic cycle through recall and quotation of earlier movements, and the finale movement meant to be seen as a destination and recap. It was not until Beethoven that a symphonic cycle came to be seen as a work needing isolated, consecutive play of the constituent movements. ref cite book last Brown first A. Peter title The Symphonic Repertoire publisher Indiana University Press year 2002 isbn 025333487X ref Symphonic cycle as a set of works A symphonic cycle may also refer to a set of symphonies linked through a common composer or conductor. For example, the symphonic repertoire of Ludwig van Beethoven , consisting of his nine numbered symphonies, may be wholly referred to as the Beethoven symphonic cycle. Another conception of the symphonic cycle is that of a set of composer s works as performed and recorded on audio visual media by a common conductor. This practice came into existence with the establishment of audio record companies in the 1920s. ref cite web url http history.sandiego.edu GEN recording notes.html title Recording Technology History author Schoenherr, Steven E. accessdate 26 November 2008 date 6 July 2005 ref A symphonic cycle of particular ... symphonic works of Gustav Mahler . The Bernstein Mahler cycle became an advertising mechanism by which ... more details
Otheruses4 connected, 2 regular graphs infobox graph name Cycle graph image Image Undirected 6 cycle.svg 160px image caption A cycle graph of length 6 vertices n edges n automorphisms 2 n D sub n sub chromatic ... In graph theory , a cycle graph or circular graph is a graph mathematics graph that consists of a single path graph theory cycle , or in other words, some number of vertices connected in a closed chain. The cycle graph with n vertices is called C sub n sub . The number of vertices in a C sub n sub ... s for cycle graph . These include simple cycle graph and cyclic graph , although the latter term ... graph theorists, cycle , polygon , or n gon are also often used. A cycle with an even number of vertices is called an even cycle a cycle with an odd number of vertices is called an odd cycle . Properties A cycle graph is Connected graph Connected regular graph 2 regular Eulerian graph Eulerian ... As cycle graphs can be graph drawing drawn as regular polygon s, the automorphism group symmetries of an n cycle are the same as those of a regular polygon with n sides, the dihedral group of order ... to any other edge, so the n cycle is a symmetric graph . Directed cycle graph Image DC8.png frame right A directed cycle graph of length 8 A directed cycle graph is a directed version of a cycle graph ... contains at least one edge or arc from each directed cycle is called a feedback arc set . Similarly, a set of vertices containing at least one vertex from each directed cycle is called a feedback vertex set . A directed cycle graph has uniform in degree 1 and uniform out degree 1. Directed cycle graphs are Cayley graph s for cyclic group s see e.g. Trevisan . See also commonscat Cycle ... CycleGraph title Cycle Graph discussion of both 2 regular cycle graphs and the group theoretic concept of cycle diagram s Luca Trevisan , http in theory.blogspot.com 2006 12 characters and expansion.html ... graf es Grafo ciclo eo Cikla grafeo fa fr Graphe cycle he hu K rgr f ... more details
Unreferenced stub auto yes date December 2009 Cycle and Carriage is an important company based in Singapore and Malaysia . The company was integrated into the Jardine Matheson Group by 2002 and is now named Jardine Cycle and Carriage Limited . Cycle and Carriage was founded by the Chua brothers in 1899 in Kuala Lumpur as Federal Stores . The company distributed many products. Cycle and Carriage was listed on the Stock Exchange of Malaysia and Singapore in 1977 and was part of the Straits Times Index , before being delisted upon merger. Cycle and Carriage is one of the premier automotive groups in Singapore and is engaged in the retail, distribution and provision of after sales service of Mercedes Benz, Mitsubishi, Kia & Citroen motor vehicles. Category Defunct companies of Singapore Singapore company stub ... more details
In mathematics, a heteroclinic cycle is an invariant set in the phase space of a dynamical system . It is a topological circle of equilibrium point s and connecting heteroclinic orbit s. If a heteroclinic cycle is asymptotically stable, approaching trajectories spend longer and longer periods of time in a neighbourhood of successive equilibria. Robust heteroclinic cycles A robust heteroclinic cycle is one which persists under small changes in the underlying dynamical system. Robust cycles often arise in the presence of symmetry or other constraints which force the existence of invariant hyperplanes. An prototypical example of a robust heteroclinic cycle is the Guckenheimer&ndash Holmes cycle. See also Heteroclinic bifurcation Heteroclinic network References John Guckenheimer Guckenheimer J and Philip Holmes Holmes, P , 1988, Structurally Stable Heteroclinic Cycles, Math. Proc. Cam. Phil. Soc. 103 189 192. Category Dynamical systems ... more details
The Greek astronomer Hipparchus introduced two cycles that have been named after him in later literature. The first is described in Ptolemy s Almagest IV.2. Hipparchus constructed a cycle by multiplying by 17 a cycle due to the Chaldea n astronomer Kidinnu , so as to closely match an integer number of synodic month s 4267 , anomalistic month s 4573 , years 345 , and days 126007 about 1 hour it is also close to a half integer number of draconic month s 4630.53... , so it is an eclipse cycle . By comparing his own eclipse observations with Babylonian records from 345 years earlier, he could verify the accuracy of the various periods that the Chaldean astronomers used. The second is a calendar cycle Hipparchus proposed a correction to the Calippic cycle of 76 years , which itself was proposed as a correction to the Metonic cycle of 19 years . He may have published it in the book Peri eniaus ou meg thous On the Length of the Year , which is lost. From solstice observations, Hipparchus found that the tropical year is about 1 300 of a day shorter than the 365 1 4 days that Calippus used see Almagest III.1 . So he proposed to make a 1 day correction after 4 Calippic cycles, such that 304 years 3760 lunations 111035 days. This is a very decent approximation for an integer number of lunations in an integer number of days error only 0.014 days . But it is in fact 1.37 days longer than 304 tropical years the mean tropical year is actually about 1 128 day 11 minutes 15 seconds shorter than the Julian year calendar Julian calendar year of 365.25 days. These differences cannot be corrected with any cycle that is a multiple of the 19 year cycle of 235 lunations it is an accumulation of the mismatch between years and months in the basic Metonic cycle, and the lunar months need to be shifted systematically by a day with respect to the solar year i.e. the Metonic cycle itself needs to be corrected after every 228 years. Greek astronomy DEFAULTSORT Hipparchic Cycle Category Ancient Gr ... more details
Image Walk cycle poses.jpg right thumb Character Walk Cycle In animation , a walk cycle is a series of Film frame frames or illustrations drawn in sequence that loop to create an animation of a walking character. The walk cycle is looped over and over, thus having to avoid animating each step again. Image Muybridge race horse animated.gif right thumb A set of Muybridge s photos in motion. Creating a Walk Cycle Walk cycles can be broken up into 4 key frame , namely Forward Contact Point , Passing Pose1 , Back Contact Point and Passing Pose 2 . Frames that are drawn between these key poses traditionally know as in betweens Inbetweening are either hand drawn or using computer software to interpolate them. Image Breakdown of Walk Cycle.jpg left thumb Breakdown of Walk Cycle Besides the apparent move of the legs, many more details are necessary for a convincing walk cycle, like animation timing, movement of the arms, head and torsion of the whole body. For example in ref name idleworm http www.idleworm.com how anm 02w walk1.shtml Walkcycle tutorial from http www.idleworm.com ref . There exist many techniques to create walk cycles, traditionally walk cycles are hand drawn, but over time with the introduction of new technologies for new mediums, walk cycles can be made in pixel art , 2d computer graphics , 3D computer graphics , stop motion method, cut out animation or using techniques like rotoscoping . References references External links http www.awn.com qas 60.html An article with example video and animation http www.devilsgarage.com tutorials easy walk cycle Walk Cycle Tutorial on how to create a walks using Adobe s Flash http www.devilsgarage.com wp content uploads 2010 05 4 frame walk cycle.fla download source file with illustrations and video http www.devilsgarage.com tutorials 2 frame walk cycle Walk Cycle Tutorial on how to create a 2 frame walk. Category Animation techniques animation stub ... more details
Economic Waves The credit cycle is the expansion and contraction of access to credit finance credit over the course of the business cycle . Some economists, including Barry Eichengreen , Hyman Minsky , and other Post Keynesian economics Post Keynesian economists , and some members of the Austrian economists Austrian school , regard credit cycles as the fundamental process driving the business cycle. However, mainstream economics mainstream economists believe that the credit cycle can only partially explain the phenomenon of business cycles. During the upward phase in the credit cycle, asset prices experience bouts of competitive, leverage finance leveraged bidding, inducing asset price inflation . This can then cause an unsustainable, speculative price bubble to develop. As this upswing in new debt creation also increases the money supply and stimulates economic activity, it tends to temporarily raise economic growth and employment . When new borrower s cannot be found to purchase at inflated prices, a price collapse can occur in the market segment inflated by excess debt , along with a dramatic reduction in liquidity in that market. ref http www.safehaven.com article 7789 credit cycle crunch Credit Cycle Crunch ref This can then cause insolvency , bankruptcy , and foreclosure for those borrowers who came in late to that market. If widespread, this can then damage the solvency and Profit accounting profitability of the private bank ing system itself, resulting in a dramatic reduction in new lending as lender s attempt to protect their balance sheets from further losses. This in turn ... squeeze or a drying up of liquidity . In the Kiyotaki Moore model of the business cycle, collateral constraints amplify the effects of shocks to the real economy. Prime examples of this boom bust cycle ... Business Cycle Theory External links http www.mises.org story 2728 The Worst Recession in 25 years? References Reflist Category Credit Category Debt Category Business cycle ... more details
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