On the dynamic properties of asymmetric models of real GNP

被引:26
作者
Brunner, AD
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D O I
10.1162/003465397556674
中图分类号
F [经济];
学科分类号
02 ;
摘要
There is now a substantial body of evidence that suggests business cycles are asymmetric. However, the evidence has been accumulated using a wide array of statistical techniques and, consequently, is based on various definitions of asymmetry. This paper examines several parametric models that have been used to study asymmetries in real GNP. Although these models capture asymmetries in very different ways, their dynamic properties are remarkably similar.
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页码:321 / 326
页数:6
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