𝔖 Bobbio Scriptorium
✦   LIBER   ✦

BUSINESS CYCLE TRENDS, CYCLES AND GROWTH REVISITED: WITH APPLICATIONS TO G7 ECONOMIES

✍ Scribed by PEIJIE WANG; PING WANG

Book ID
110972092
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
319 KB
Volume
46
Category
Article
ISSN
0004-900X

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## Abstract We propose a new approach for detecting turning points and forecasting the level of economic activity in the business cycle. We make use of coincident indicators and of nonlinear and non‐Gaussian latent variable models. We thus combine the ability of nonlinear models to capture the asym