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Business Cycles
Ulrich Woitek
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Description for Business Cycles
Paperback. This work describes the 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 results for 11 OECD countries are shown. Series: Contributions to Economics. Num Pages: 209 pages, 45 black & white tables, biography. BIC Classification: KCA; KCC; KCH. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 235 x 155 x 12. Weight in Grams: 345.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
1997
Publisher
Physica-Verlag GmbH & Co Germany
Number of pages
209
Condition
New
Series
Contributions to Economics
Number of Pages
209
Place of Publication
Heidelberg, Germany
ISBN
9783790809978
SKU
V9783790809978
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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