Asymmetric business cycles: Theory and time-series evidence
نویسندگان
چکیده
منابع مشابه
Business cycles in Iran: Evidence from asymmetry and correlated shocks
In this Paper, business cycle asymmetry in Iran has been investigated using a nonlinear unobserved component model. In this regard, according to Kim and Nelsonchr('39')s (1999) interpretation of Friedman plucking model (1993), asymmetric transitory component has been modeled and simultaneously the possibility of a correlation between transitory and permanent shocks has also been considered. The...
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ژورنال
عنوان ژورنال: Journal of Monetary Economics
سال: 1997
ISSN: 0304-3932
DOI: 10.1016/s0304-3932(97)00049-4