Unemployment And Business Cycles In Central And Eastern European Countries
AbstractThe economies of the capitalist countries are continuously facing fluctuations known as business cycles. The estimation of global business cycles as well as of business cycles of different macroeconomic variables expressing the state of the economy are of utter importance for the decision making process having as a final goal the reduction of recession periods. The unemployment rate is known as a lagging indicator for the business cycles and it can offer important information regarding the business cycles forecasting. Therefore, the purpose of this study is to analyze in a comparative manner the general business cycles and the business cycles of unemployment rate in the CEE countries. The results confirm the persistence of the business cycles under analysis and the existence of great differences by countries of the reaction of unemployment business cycles to general business cycles.
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 Faculty of Economics, Tibiscus University in Timisoara in its journal Anale. Seria Stiinte Economice. Timisoara.
Volume (Year): XVIII/Supplement (2012)
Issue (Month): (November)
Hodrick-Prescott filter; unemployment; lagging indicators;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
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: (Daniel Kysilka).
If references are entirely missing, you can add them using this form.