A two-step procedure to produce a statistical measure of the probability of being in an accelerating or decelerating phase of economic activity is proposed. It consists of, ยฎrst, an extraction of the individual linear innovations of a set of relevant macroeconomic variables whose signs are accumulat
Analysis of the US business cycle with a Vector-Markov-switching model
โ Scribed by Zenon G. Kontolemis
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 262 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0277-6693
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