| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP782 |
| DP782 Detrending and Business Cycle Facts | |
| Fabio Canova | |
| 发表日期 | 1993-06-30 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | This paper examines the business cycle properties of a small set of real US macroeconomic time series using a variety of detrending methods. It is shown: (i) that both quantitatively and qualitatively `stylized facts' of US business cycles vary widely across detrending methods; (ii) that alternative detrending filters extract different types of information from the original series; and (iii) the qualitative response of consumption, investment, hours and productivity to a typical shock in GNP have, depending on the method used, two types of patterns -- one consistent with a Real Business Cycle model and one consistent with a Neo-Keynesian labour-hoarding story. Implications and suggestions for current macroeconomic practice are also presented. |
| 主题 | International Macroeconomics |
| 关键词 | Business cycles Detrending Filters Labour hoarding Stylized facts Technology shocks |
| URL | https://cepr.org/publications/dp782 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529945 |
| 推荐引用方式 GB/T 7714 | Fabio Canova. DP782 Detrending and Business Cycle Facts. 1993. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Fabio Canova]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Fabio Canova]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Fabio Canova]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
