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Spectral Analysis Of Business Cycles In The Visegrad Group Countries

Author

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  • Kijek Arkadiusz

    (Maria Curie-Skłodowska University in Lublin, Faculty of Economics, Department of Statistics and Econometrics, Lublin, Poland)

Abstract

This paper examines the business cycle properties of Visegrad group countries. The main objective is to identify business cycles in these countries and to study the relationships between them. The author applies a modification of the Fourier analysis to estimate cycle amplitudes and frequencies. This allows for a more precise estimation of cycle characteristics than the traditional approach. The cross-spectral analysis of GDP cyclical components for the Czech Republic, Hungary, Poland and Slovakia makes it possible to assess the degree of business cycle synchronization between the countries.

Suggested Citation

  • Kijek Arkadiusz, 2017. "Spectral Analysis Of Business Cycles In The Visegrad Group Countries," Comparative Economic Research, Sciendo, vol. 20(2), pages 53-71, June.
    • Handle: RePEc:vrs:coecre:v:20:y:2017:i:2:p:53-71:n:4
    DOI: 10.1515/cer-2017-0012
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