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Business Cycles. An International Comparison of Stylized Facts in a Historical Perspective (Contributions to Economics) indir

Isbn 10: 3790809977

Isbn 13: 978-3790809978

Business Cycles. An International Comparison of Stylized Facts in a Historical Perspective (Contributions to Economics) indir kitap bedava

itibaren Ulrich Woitek

yayınevi Physica-Verlag Heidelberg

dil İngilizce

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Business Cycles. An International Comparison of Stylized Facts in a Historical Perspective (Contributions to Economics)

Subject is the description of unvariate and multivariate business cycle stylized facts. A spectral analysis method (Maximum Entropy spectral estimation) novel in the analysis of economic time series is described and utilized. The method turns out to be superior to widely used time domain methods and the "classical" spectral estimate, the periodogram. The results for eleven OECD countries confirm and extend the basic set of stylized facts of traditional business cycle theory. The changing characteristics of the business cycle are analyzed by comparing the cyclical structure for the postwar and the prewar period. The results show that business cycle is mainly due to investment fluctuations.

yazar:Ulrich Woitek

Isbn 10:3790809977

Isbn 13:978-3790809978

yayınevi:Physica-Verlag Heidelberg

dil:İngilizce

Boyutlar ve boyutlar:15.49 x 1.27 x 23.5 cm

Tarafından gönderildi
Business Cycles. An International Comparison of Stylized Facts in a Historical Perspective (Contributions to Economics):16 Nisan 1997

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