IDEAS home Printed from https://ideas.repec.org/h/spr/fimchp/978-3-319-01171-4_40.html
   My bibliography  Save this book chapter

International Empirical Evidence on the ABC’s of Recessions

In: The Euro and International Financial Stability

Author

Listed:
  • Efthymios G. Tsionas

    (Athens University of Economics and Business)

Abstract

In this part we test the validity of the Austrian theory of the Business Cycle (ABC). We use data for major economies over 1980–2006 well before the 2008 financial crisis. We utilize the information available in the most efficient manner through panel unit root panel co-integration analysis. The relationships between variables in the Austrian theory of business cycle are studied with co-integration techniques. We investigate the causality implications of the Austrian theory at various time horizons using the method of Dufour et al. (2006). All our results tend to favour the Austrian theory in general terms

Suggested Citation

  • Efthymios G. Tsionas, 2014. "International Empirical Evidence on the ABC’s of Recessions," Financial and Monetary Policy Studies, in: The Euro and International Financial Stability, edition 127, chapter 0, pages 285-308, Springer.
    • Handle: RePEc:spr:fimchp:978-3-319-01171-4_40
    DOI: 10.1007/978-3-319-01171-4_40
    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.

    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:spr:fimchp:978-3-319-01171-4_40. 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.springer.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.