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来源类型Working Paper
规范类型报告
DOI10.3386/w3450
来源IDWorking Paper 3450
The Seasonal Cycle in U.S. Manufacturing
J. Joseph Beaulieu; Jeffrey A. Miron
发表日期1990-09-01
出版年1990
语种英语
摘要This paper examines the seasonal cycle in the manufacturing sector of the U.S. economy. we present estimates of the seasonal patterns in monthly data for 2-digit industries, and we demonstrate the similarity of the seasonal cycle and the business cycle in manufacturing with respect to several key stylized facts about business cycles. The results are an important addition to those in Barsky and Miron (1989) because the monthly data for manufacturing display interesting seasonal fluctuations that are hidden in the quarterly data examined by Barsky and Miron. The most significant is a sharp slowdown in July followed by a significant rebound in August. We argue that this event is not easily explained by technology or preference shifts but instead results from synergies across economic agents.
主题Macroeconomics ; Industrial Organization
URLhttps://www.nber.org/papers/w3450
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560742
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GB/T 7714
J. Joseph Beaulieu,Jeffrey A. Miron. The Seasonal Cycle in U.S. Manufacturing. 1990.
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