International evidence on the persistence of economic fluctuations

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International Evidence on the Persistence of Economic Fluctuations

This paper presents new evidence on the persistence of fluctuations in real GNP. Two measures of persistence are estimated non-parametricaFly using post-war quarterly data from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These estimates are compared with Monte Carlo results from various AR(2J processes. For six Out of seven countries, the results indicate t...

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International Evidence on the Persistence of Economic Fluctuations

This paper presents new evidence on the persistence of fluctuations in real GNP. Two measures of persistence are estimated non-parametricaFly using post-war quarterly data from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These estimates are compared with Monte Carlo results from various AR(2J processes. For six Out of seven countries, the results indicate t...

متن کامل

International Evidence on the Persistence of Economic Fluctuations

This paper presents new evidence on the persistence of fluctuations in real GNP. Two measures of persistence are estimated non-parametricaFly using post-war quarterly data from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These estimates are compared with Monte Carlo results from various AR(2J processes. For six Out of seven countries, the results indicate t...

متن کامل

International Evidence on the Persistence of Economic Fluctuations

This paper presents new evidence on the persistence of fluctuations in real GNP. Two measures of persistence are estimated non-parametricaFly using post-war quarterly data from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These estimates are compared with Monte Carlo results from various AR(2J processes. For six Out of seven countries, the results indicate t...

متن کامل

International Evidence on the Persistence of Economic Fluctuations

This paper presents new evidence on the persistence of fluctuations in real GNP. Two measures of persistence are estimated non-parametricaFly using post-war quarterly data from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These estimates are compared with Monte Carlo results from various AR(2J processes. For six Out of seven countries, the results indicate t...

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ژورنال

عنوان ژورنال: Journal of Monetary Economics

سال: 1989

ISSN: 0304-3932

DOI: 10.1016/0304-3932(89)90054-8