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Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
ISBN: 1898128839
Category : Business cycles
Languages : en
Pages : 103
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Book Description
Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
ISBN: 1898128839
Category : Business cycles
Languages : en
Pages : 103
Get Book Here
Book Description
Author: Jarko Fidrmuc
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 40
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Book Description
Tiivistelmä.
Author: Christian Gayer
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 52
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Book Description
Author: Filippo Altissimo
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 68
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Book Description
Author: Marcus Kappler
Publisher: Springer Science & Business Media
ISBN: 3790828556
Category : Business & Economics
Languages : en
Pages : 197
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Book Description
This book offers the reader a state-of-the-art overview on theory and empirics of business cycle synchronisation, structural reform and economic integration. Focusing on the ongoing integration process in the euro area and the EU, it analyses the integration process that has taken place since the 1980s and which is marked by the advent of the euro and the substantial enlargement that resulted from the accession of 12 new Member States in East and Southern Europe.
Author: Michael J. Artis
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 68
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Book Description
Author: Marcus Scheiblecker
Publisher: Peter Lang
ISBN: 9783631576076
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
Dating business cycle turning points is still an important task for economic policy decisions. This study does this for the Austrian economy for the period between 1976 and 2005, using only quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods are applied: first-order differences, the Hodrick-Prescott filter, and the Baxter-King filter. To all of them, two different methods of determining the business cycle are applied: the ad-hoc determination of the business cycle and a dynamic factor model, taking into account the common variations of Austria, the euro area and the German business cycle movements. The results of both methods are dated by the Bry-Boschan algorithm in order to locate peaks and troughs of the cycle. The results are interpreted and compared to already exiting studies on the euro area and the Austrian business cycle.
Author:
Publisher:
ISBN: 9789289468596
Category :
Languages : en
Pages :
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Book Description
In this study a set of basic stylised facts characterising euro area macroeconomic fluctuations are computed with reference to two concepts of the business cycle (classical business cycles and deviation or growth cycles) from 1960 to 2002. These stylised facts, computed on the basis of alternative turning point dating methods and alternative reference measures of the cycle, are discussed and compared to the corresponding ones for the US business cycle. Overall, the study suggests that: i) significant variation of characteristics can be detected across cycles for both fluctuation concepts ; ii) classical business cycles are much less frequent than deviation cycles; iii) the phases of classical cycles tend to be asymmetric, both in terms of duration and amplitude, while regimes of deviation cycles appear to be relatively symmetric; iv) very similar regularities characterise euro area and US fluctuations, one main exception being that the US economy experienced more frequent classical cycles, with a somewhat shorter average duration; v) there is no clear evidence that the duration or amplitude of phases has gradually declined over time, apart from US classical cycle recessions.
Author: Lucrezia Reichlin
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Filippo Altissimo
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 68
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Book Description