Classification of West German Business Cycles 1955-1994 / Klassifikation westdeutscher Konjunkturzyklen 1955 - 1994
This paper applies multivariate linear discriminant analysis to classify West German business cycles from 1955 to 1994 into a four phase scheme (upswing, downswing, and upper/lower turning point phases). It describes the scheme as well as the selection of the classifying variables, and presents classification results for various sample periods confirming the four phase scheme. Special attention is given to changes of the explanatory power of the variables and its implication for changes of cycle patterns. While for the 1963/94 period the results display all in all much stability, the 1955/62 period does not fit into this pattern, indicating a change of regime which might even reach into the fourth cycle (1963-1967).
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 219 (1999)
Issue (Month): 5-6 (October)
|Contact details of provider:|| Web page: https://www.degruyter.com|
|Order Information:||Web: https://www.degruyter.com/view/j/jbnst|
When requesting a correction, please mention this item's handle: RePEc:jns:jbstat:v:219:y:1999:i:5-6:p:632-656. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
If references are entirely missing, you can add them using this form.