ANALOGOUS CYCLES WITH LAGGED CO-MOVEMENT: U.S. AND EAST ASIAN BUSINESS CYCLES
نویسندگان
چکیده
منابع مشابه
Aspects of Canadian and US Business Cycles
The Canadian and US economies, by many measures and along many dimensions, are highly integrated and, possibly as a result of this integration, have highly correlated business cycles. This paper examines various aspects of the co-movement between the two economies. One objective is to document the relationship between the two economies at an aggregate level and to examine how the relationship m...
متن کاملStylized Facts About US Business Cycles
This document details several stylized facts about post-war US macroeconomic data. When evaluating dynamic economic models, it is always important to keep in mind the stylized facts we want those models to be able to reproduce. The data used in this document are publicly available. The NIPA data were downloaded from the St. Louis Fed FRED website. The employment and population data are from unp...
متن کاملBusiness Cycles with Revolutions
This paper develops an empirical macroeconomic framework to analyze the relationship between major political disruptions and business cycles of a country. We combine a new dataset of political revolutions (mass domestic political campaigns to remove dictators and juntas) across the world since 1960, with coup data and traditional macro data (of output, investment, trade, inflation and exchange ...
متن کاملBusiness cycles
This note outlines and discusses some of the strands in the post-Keynesian literature on business cycles. Most post-Keynesians have focused on endogenously generated cycles, but the mechanism varies: some focus on the goods market, others on financial markets, the labor market, or political intervention. The merits of formal modeling of the cycles have also come in for debate. 1 A slightly vers...
متن کاملAre Business Cycles All Alike? A Bandpass Filter Analysis of the Italian and US Cycles∗
In this paper, we perform an empirical comparison of Italian and U.S. business cycles. After filtering the time series of the main macroeconomic variables of the two countries, through an approximate bandpass filter, we analyze the cross-correlations between each filtered variable and the filtered GDP, indicator of the business cycle. We find heterogeneity in business cycle dynamics as regards ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Developing Economies
سال: 1998
ISSN: 0012-1533
DOI: 10.1111/j.1746-1049.1998.tb00226.x