Business Cycles Chronology for Colombia
AbstractBy using the methodology of Bry and Boschan (1971), this work proposes precise dates for the business cycles occurred in Colombia between 1980 and 2007 identifying the phases of boom and slump. During the sample period, five complete cycles were detected, which happened to be asymmetric such as those of the United States. This means that expansions are longer than recessions. On average, the cycles in Colombia between 1983 and 2007, according to IPI (Industrial Production Index), were of 45.6 months (3.8 years) approximately. The longer cycles occurred at the end of eighties and mid nineties with average durations of 68 months.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.
Volume (Year): (2008)
Issue (Month): 68 (Enero-Junio)
Postal: Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa).
If references are entirely missing, you can add them using this form.