Measuring and Interpreting Business Cycles

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ISBN: 9780198288596 | 019828859X
Cover: Hardcover
Copyright: 2/2/1995

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This groundbreaking contribution to the business cycle literature combines a systematic empirical investigation into the characteristics of business cycles with a review of general theories of their patterns and dynamics. The contributors have provided two studies based on the remarkable series of Swedish data available, and a theoretical paper on endogenous shocks.

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Introduction	p. 1
References	p. 7
The Swedish Business Cycle Stylized Facts Over 130 Years	p. 9
Introduction	p. 11
Data	p. 14
What Are Business Cycles?	p. 18
Broad Facts for Sweden, 1861-1988	p. 31
Narrow Facts	p. 64
Concluding Comments	p. 85
Data Sources and Definitions	p. 90
Filters and Frequency-Dmain Statistics	p. 97
Statistical Inference on Filtered Data	p. 105
Comment	p. 109
Comment	p. 114
References	p. 119
Macroeconomic Shocks in an Open Economy a Common-Trends Representation of Swedish Data 1871-1990	p. 125
Introduction	p. 127
Vector Autoregressions	p. 131
Common-Trends Models of Macroeconomic Fluctuations	p. 136
Examples	p. 149
Data Description	p. 156
Impulses and Propagation Mechanisms in Sweden	p. 172
What Can We Learn About Business Cycles from Var Models?	p. 193
Comment	p. 195
Comment	p. 214
References	p. 219
Expectations-Driven, Non-Linear Business Cycles	p. 225
Expectations-Driven Non-Linear Business Cycles	p. 227
Comments	p. 256
References	p. 263
Index	p. 267
Table of Contents provided by Publisher. All Rights Reserved.

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Measuring and Interpreting Business Cycles

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Measuring and Interpreting Business Cycles

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