International Evidence on the Asymmetry of Business Cycle Turning Points
โ Scribed by Zenon G. Kontolemis
- Book ID
- 108550221
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 171 KB
- Volume
- 69
- Category
- Article
- ISSN
- 1463-6786
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
A Bayesian statistical method to detect turning points in the leading composite index is introduced. Under the assumption of causal priority of the leading composite index to the business cycle, the turning points in business cycles are predicted by detection of them in the index. The underlying pro
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