IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-12227-1_8.html
   My bibliography  Save this book chapter

Is the Norwegian Business Cycle Asymmetric?

In: Nonlinearities, Disequilibria and Simulation

Author

Listed:
  • Michael Bergman
  • Lars Jonung

Abstract

The business cycle has been the subject of much theoretical and empirical research in recent years. Empirical work has dealt with the transmission, for example, Dellas (1986), Gerlach and Klock (1988) and Bergman, Gerlach and Jonung (1992); the amplitude, for example, Sheffrin (1988), Romer (1987, 1989), Balke and Gordon (1989) and Bergman and Jonung (1990); the duration, for example, Diebold and Rudebusch (1990); and the symmetry, for example, Neftçi (1984) and Falk (1986), of cycles as registered by various macroeconomic time series. In this chapter we focus on the issue of symmetry; more specifically we will examine the assertion that the expansion phase is as a rule longer than the contraction phase of the cycle, a view expounded by Wesley C. Mitchell and John Maynard Keynes, among others.1

Suggested Citation

  • Michael Bergman & Lars Jonung, 1992. "Is the Norwegian Business Cycle Asymmetric?," Palgrave Macmillan Books, in: Kumaraswamy Velupillai (ed.), Nonlinearities, Disequilibria and Simulation, chapter 8, pages 107-133, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12227-1_8
    DOI: 10.1007/978-1-349-12227-1_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. U. Michael Bergman & Michael D. Bordo & Lars Jonung, 1998. "Historical evidence on business cycles: the international experience," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 42(Jun), pages 65-119.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-12227-1_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.