Identifying the Common Component of International Economic Fluctuations: A new Approach
نویسندگان
چکیده
منابع مشابه
Identifying the Common Component of International Economic Fluctuations: a New Approach*
In this paper, we develop an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on some stylised features of the data documented in the paper. The model allows for a unified treatment of cyclical and seasonal fluctuations and also accommodates the dynamic propag...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 2002
ISSN: 0013-0133,1468-0297
DOI: 10.1111/1468-0297.00093