New Approaches in Business Cycle Research: The Application of Business Cycle Indicators
The question arises whether there can be an enrichment of business cycle research when business cycle indicators will be used in an increasing dimension. This article, dedicated to Professor Adolf Wagner, tries to differentiate three fields of research: Hypothesis formation in theory, characterisation of market imbalances and measurement of cycle and trend in empirical methods, short-term prognoses and turning point analyses in forecasting. Can we establish new hypotheses by considering expectations, gained from surveys? A special proposal aimed at the measure of the reference cycle by using the utilization of capacities in enterprises. It is evident, that when using business cycle indicators in business cycle research we can avoid the dichotomy between the three fields in business cycle research, which has been observed in the past.
Volume (Year): 224 (2004)
Issue (Month): 1-2 (February)
|Contact details of provider:|| Postal: Licher Straße 74, 35394 Gießen|
Phone: +49 (0)641 99 22 001
Fax: +49 (0)641 99 22 009
Web page: http://wiwi.uni-giessen.de/home/oekonometrie/Jahrbuecher/
More information through EDIRC
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.:
- Odile Chagny & Jörg Döpke, 2001. "Measures of the Output Gap in the Euro-Zone: An Empirical Assessment of Selected Methods," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 70(3), pages 310-332.
- Benhabib, Jess & Nishimura, Kazuo, 1998.
"Indeterminacy and Sunspots with Constant Returns,"
Journal of Economic Theory,
Elsevier, vol. 81(1), pages 58-96, July.
- Döpke, Jörg & Chagny, Odile, 2001. "Measures of the Output Gap in the Euro-Zone: An Empirical Assessment of Selected Methods," Kiel Working Papers 1053, Kiel Institute for the World Economy (IfW).
- Howitt, Peter & McAfee, R Preston, 1992.
American Economic Review,
American Economic Association, vol. 82(3), pages 493-507, June.
- Cass, David & Shell, Karl, 1983. "Do Sunspots Matter?," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 193-227, April.
When requesting a correction, please mention this item's handle: RePEc:jns:jbstat:v:224:y:2004:i:1-2:p:152-165. 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 Winker)
If references are entirely missing, you can add them using this form.