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Classification of German business cycles using monthly data

Author

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  • Heilemann, Ullrich
  • Münch, Heinz Josef

Abstract

The recent renaissance of business cycle analysis has led to a renewed interest in business cycle classification as pioneered by Burns/Mitchell, Spiethoff and resumed in the seventies by Meyer/Weinberg (1975a, b). The rather successful elaboration and test of a “modern” four-phase classification scheme for the United States and West Germany by Meyer/Weinberg motivated the present authors to develop such a classification scheme for West Germany. Based on a kind of stylised facts it should help to translate the multifaced quantitative picture of the cycle into qualitative information.

Suggested Citation

  • Heilemann, Ullrich & Münch, Heinz Josef, 2001. "Classification of German business cycles using monthly data," Technical Reports 2001,08, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
    • Handle: RePEc:zbw:sfb475:200108
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    File URL: https://www.econstor.eu/bitstream/10419/77348/2/2001-08.pdf
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    References listed on IDEAS

    as
    1. John R. Meyer & Daniel H. Weinberg, 1975. "On the Classification of Economic Fluctuations," NBER Chapters, in: Explorations in Economic Research, Volume 2, number 2, pages 167-202, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    Business cycle; four phase scheme; West Germany 1961 to 1996; discriminant analysis;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other

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