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The Role of Recurrence Plots in Characterizing the Output-Unemployment Relationship: An Analysis

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  • Petre Caraiani
  • Emmanuel Haven

Abstract

We analyse the output-unemployment relationship using an approach based on cross-recurrence plots and quantitative recurrence analysis. We use post-war period quarterly U.S. data. The results obtained show the emergence of a complex and interesting relationship.

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  • Petre Caraiani & Emmanuel Haven, 2013. "The Role of Recurrence Plots in Characterizing the Output-Unemployment Relationship: An Analysis," PLOS ONE, Public Library of Science, vol. 8(2), pages 1-11, February.
    • Handle: RePEc:plo:pone00:0056767
    DOI: 10.1371/journal.pone.0056767
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    Cited by:

    1. Aparicio Teresa & Pozo Eduardo F. & Saura Dulce, 2021. "A Strategy for the Use of the Cross Recurrence Quantification Analysis," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 25(2), pages 1-14, April.
    2. Ashe, Sinéad & Egan, Paul, 2023. "Examining financial and business cycle interaction using cross recurrence plot analysis," Finance Research Letters, Elsevier, vol. 51(C).

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