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The Definition, Dating and Duration of Cycles

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Author Info
Harding, Don

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Abstract

The ultimate objective of this paper is to discuss the duration of business cycles and the related issue of the probability of recession. To reach that objective it is necessary to first agree on a definition of business cycles. It is also necessary to agree on how to define the key features of business cycles and to agree on the rules for identifying and dating these key features. Although not strictly necessary for this paper, it is also helpful to discuss why we seek to identify and date key features of the business cycles.

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File URL: http://mpra.ub.uni-muenchen.de/3357/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 3357.

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Date of creation: Sep 1997
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Handle: RePEc:pra:mprapa:3357

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Related research
Keywords: Business cycle recession business cycle dating probability of recession

Find related papers by JEL classification:
E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Amartya Sen, 1997. "Maximization and the Act of Choice," Econometrica, Econometric Society, vol. 65(4), pages 745-780, July.
    Other versions:
  2. Davis, Steven J & Haltiwanger, John C, 1992. "Gross Job Creation, Gross Job Destruction, and Employment Reallocation," The Quarterly Journal of Economics, MIT Press, vol. 107(3), pages 819-63, August. [Downloadable!] (restricted)
    Other versions:
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Don Harding & Adrian Pagan, 1999. "Knowing the Cycle," Melbourne Institute Working Paper Series wp1999n12, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
  2. Christopher Bajada, 2005. "Unemployment and the underground economy in Australia," Applied Economics, Taylor and Francis Journals, vol. 37(2), pages 177-189, February. [Downloadable!] (restricted)
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This page was last updated on 2008-11-17.


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