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Business Cycles under Monetary Union: A Comparison of the EU and US

✍ Scribed by Mark A. Wynne; Jahyeong Koo

Book ID
108559137
Publisher
John Wiley and Sons
Year
2000
Tongue
English
Weight
240 KB
Volume
67
Category
Article
ISSN
0013-0427

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## Abstract Asymmetry has been well documented in the business cycle literature. The asymmetric business cycle suggests that major macroeconomic series, such as a country's unemployment rate, are non‐linear and, therefore, the use of linear models to explain their behaviour and forecast their futur