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| Author: | Yamagata, T. |
| Title: | Analogous cycles with lagged co-movement: U. S. and East Asian business cycles. |
| Journal: | Developing Economies
1998 : DEC, VOL. 36:4, p. 407-439 |
| Index terms: | Business cycles Economic growth Far East USA |
| Language: | eng |
| Abstract: | In this paper basic features of business cycles in the East Asian economies are examined. The author defines business cycles as fluctuations of the period of the cycle of less than eight years using the Hodrick-Prescott filter to single business cycles out from whole fluctuations. The second moments of macroeconomic aggregates will be mainly used to investigate the East Asian business cycles. |
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