search query: @indexterm estimation / total: 433
reference: 73 / 433
| Author: | Bjornland, H. |
| Title: | Detending methods and stylized facts of business cycles in Norway -- an international comparison |
| Journal: | Empirical Economics
2000 : VOL. 25:3, p. 369-392 |
| Index terms: | UNIT ROOTS ESTIMATION BUSINESS CYCLES |
| Language: | eng |
| Abstract: | This paper analyses the stylized facts of business cycles in Norway, by comparing different detrending methods. As choice of the appropriate data transformation depends on the nature of the underlying dynamic properties of the time series, a set of unit root tests are first applied to the data. The detrended data are analysed, both in the time domain and the frequency domain. The evidence suggests that whereas some variables behave consistently procyclically with GDP, for other variables the business cycle properties vary considerably with the detrending methods used. |
SCIMA