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picture1_Economics Pdf 126032 | Ree201703 E


picture2_Economics Pdf 126032 | Ree201703 E picture3_Economics Pdf 126032 | Ree201703 E

 95x       Filetype PDF       File size 0.31 MB       Source: www.bportugal.pt


File: Economics Pdf 126032 | Ree201703 E
DatingthePortuguesebusinesscycle AntonioRua BancodePortugal Abstract The aim of this article is to establish a reference business cycle chronology for Portugal overthelastfourdecades.Drawingonanon-parametricapproachembeddingtheNBER’s business cycle dating procedure, a monthly business cycle ...

icon picture PDF Filetype PDF | Posted on 12 Oct 2022 | 2 years ago

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...Datingtheportuguesebusinesscycle antoniorua bancodeportugal abstract the aim of this article is to establish a reference business cycle chronology for portugal overthelastfourdecades drawingonanon parametricapproachembeddingthenber s dating procedure monthly provided and its robustness assessed resorting large data set jel c e introduction he study cycles has been key research area long time in economics respect one should mention that tthere are two types economic literature classical growth refer alternating periods contraction expansion whereas acceleration slowdown activity general before economy gets into recession there deceleration it usually accelerates attaining an expansionary phase moreover might be decelerations do not translate recessions or accelerations correspond phases hence timing turning points does necessarily coincide between kinds whiletheformerconceptreliesonthelevelofeconomicactivity thelatter draws on deviations from run trend practical point view rst more trac...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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Posted on: 12 Oct 2022 | 2 years ago
										
										
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