On The Dynamic Properties Of Asymmetric Models Of Real GNP
Abstract
There is now a substantial body of evidence that suggests business cycles are asymmetric. However, the evidence has been accumulated using a wide array of statistical techniques and, consequently, is based on various definitions of asymmetry. This paper examines several parametric models that have been used to study asymmetries in real GNP. Although these models capture asymmetries in very different ways, their dynamic properties are remarkably similar. © 1997 by the President and Fellows of Harvard College and the Massachusetts Institute of TechnologyDownload Info
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Bibliographic Info
Article provided by MIT Press in its journal The Review of Economics and Statistics.
Volume (Year): 79 (1997)
Issue (Month): 2 (May)
Pages: 321-352
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Related research
Keywords:Other versions of this item:
- Allan D. Brunner, 1994. "On the dynamic properties of asymmetric models of real GNP," International Finance Discussion Papers 489, Board of Governors of the Federal Reserve System (U.S.).
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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