haku: @author Blackburn, K. / yhteensä: 4
viite: 3 / 4
Tekijä:Blackburn, K.
Morten, O. R.
Otsikko:Business cycles in the United Kingdom: Facts and fictions
Lehti:Economica
1992 : NOV, VOL. 59:236, p. 383-401
Asiasana:BUSINESS CYCLES
UNITED KINGDOM
USA
SENSITIVITY ANALYSIS
Kieli:eng
Tiivistelmä:The statistical properties of contemporary business fluctuations in the United Kingdom are documented by studying the period 1956-90 using quarterly, detrended data on key aggregate variables. Selected moments of the data are computed and the results are compared with those for the United States. Dynamic instabilities are tested. The findings confirm the existence of substantive cyclical regularities, both across countries and across time. Some notable cross-country differences are identified. Conclusions about stability are shown to be potentially sensitive to the method of testing.
SCIMA tietueen numero: 107291
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