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| Author: | Ramsey, J. Keenan, S. |
| Title: | Multi-country tests for the oscillator model with slowly varying coefficients |
| Journal: | Journal of Economic Behavior and Organization
1996 : SEP, VOL. 30:3, p. 383-408 |
| Index terms: | ECONOMIC BEHAVIOUR ORGANIZATION TESTS |
| Language: | eng |
| Abstract: | This paper applies Ramsey's (1992) forced oscillator model discovered with US data to Canada, Japan, UK, Belgium, France, Germany, and Italy. The authors also examine the aggregate production index for consumer goods in the US. Thus , the model is applied to and the results checked against data that were not involved in the discovery of the model in the original paper. the adequacy of the model is evaluated and international comparisons are made. |
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