𝔖 Bobbio Scriptorium
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Detrending, stylized facts and the business cycle

✍ Scribed by A. C. Harvey; A. Jaeger


Book ID
112117591
Publisher
John Wiley and Sons
Year
1993
Tongue
English
Weight
896 KB
Volume
8
Category
Article
ISSN
0883-7252

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Stylized facts of the business cycle rev
✍ Laurence Boone; Stephen G. Hall πŸ“‚ Article πŸ“… 1999 πŸ› John Wiley and Sons 🌐 English βš– 166 KB πŸ‘ 2 views

Stylized facts of the business cycle in the G7 countries are derived using a stochastic trend model, which allows for structural breaks in the underlying series in various ways. The results are compared to those of Backus and Kehoe's paper (1992) which used the Hoderick -Prescott filter. Numerous st