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Measuring business cycles in The Netherlands, 1815-1913: a comparison of business cycle dating methods

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  • Bonenkamp, Jan
  • Jacobs, Jan
  • Kuper, Gerard H.

    (Groningen University)

Abstract

This paper compares different business cycle dating methods both on theoretical and practical grounds. Weighing the pros and cons of these methods, and based on a new data set for The Netherlands in the nineteenth century, we finally recommend two preferred methods for doing further business cycle research on the economy of the Netherlands. With respect to the methods for finding turning points in the level of economic activity, the classical cycle definition, we prefer the Bry-Boschan algorithm. With respect to the methods that date fluctuations around some trend, the deviation cycle concept, we favour the band-pass filter to generate cyclical components.

Suggested Citation

  • Bonenkamp, Jan & Jacobs, Jan & Kuper, Gerard H., 2001. "Measuring business cycles in The Netherlands, 1815-1913: a comparison of business cycle dating methods," Research Report 01C25, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    • Handle: RePEc:gro:rugsom:01c25
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    File URL: http://irs.ub.rug.nl/ppn/228123771
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    1. repec:dgr:rugsom:01c52 is not listed on IDEAS
    2. Jacobs, Jan & Smits, Jan-Pieter, 2001. "Business cycles in the Netherlands, 1815-1913," Research Report 01C52, University of Groningen, Research Institute SOM (Systems, Organisations and Management).

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