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New evidence on stylized facts of the business cycle: An International Investigation (1960-2004)

Author

Listed:
  • EFTHYMIOS TSIONAS

    (ASSISTANT PROFESSOR)

  • TRYPHON KOLLINTZAS

    (PROFESSOR)

  • IOANNA KONSTANTAKOPOULOU

    (LECTURER - 407)

Abstract

This paper investigates the business cycles in output and real output in nine countries. We detect the long-run and short-run relationships between the cyclical components of output and real output, using Autoregressive Distributed Lag and Error Correlation Models, respectively.

Suggested Citation

  • Efthymios Tsionas & Tryphon Kollintzas & Ioanna Konstantakopoulou, 2008. "New evidence on stylized facts of the business cycle: An International Investigation (1960-2004)," Economics Bulletin, AccessEcon, vol. 28(16), pages 1.
    • Handle: RePEc:ebl:ecbull:eb-08aa0023
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    More about this item

    JEL classification:

    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations

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