Add to ORKGEvidence has recently been put forward to support the hypothesis that recessions tend to be steeper than recoveries in economic activity. That evidence, however, was confined to the behavior of the unemployment rate, this paper looks at the behavior of real GNP, investment, and productivity in the United States since 1948 and concludes that these series\u27 behavior do not seem to support the asymmetry hypothesis
Friedman’s ‘plucking’ model, in which output cannot exceed a ceiling level but is occasionally pluck...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
This paper tests for business cycle symmetry in G7 countries during the post-World War II period usi...
Evidence has recently been put forward to support the hypothesis that recessions tend to be steeper ...
Recently developed testing procedures have led to renewed interest in the empirical evaluation of th...
We investigate the nature of asymmetries in U.S. business cycle dynamics using a dynamic two-factor ...
Business cycles in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be l...
We offer a theory of economic fluctuations based on intertemporal increasing returns: agents who hav...
Business cycles in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be l...
Abstract—The business cycle is a fundamental yet elusive concept in macroeconomics. In this paper, w...
The notion that many macroeconomic variables fluctuate asymmetrically over time is not new to econom...
The notion that many macroeconomic variables fluctuate asymmetrically over time is not new to econom...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
Business cycles in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be l...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
Friedman’s ‘plucking’ model, in which output cannot exceed a ceiling level but is occasionally pluck...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
This paper tests for business cycle symmetry in G7 countries during the post-World War II period usi...
Evidence has recently been put forward to support the hypothesis that recessions tend to be steeper ...
Recently developed testing procedures have led to renewed interest in the empirical evaluation of th...
We investigate the nature of asymmetries in U.S. business cycle dynamics using a dynamic two-factor ...
Business cycles in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be l...
We offer a theory of economic fluctuations based on intertemporal increasing returns: agents who hav...
Business cycles in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be l...
Abstract—The business cycle is a fundamental yet elusive concept in macroeconomics. In this paper, w...
The notion that many macroeconomic variables fluctuate asymmetrically over time is not new to econom...
The notion that many macroeconomic variables fluctuate asymmetrically over time is not new to econom...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
Business cycles in the U.S. and G-7 economies are asymmetric: recoveries and expansions tend to be l...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
Friedman’s ‘plucking’ model, in which output cannot exceed a ceiling level but is occasionally pluck...
When an economic boom ends, the downturn is generally sharp and short. When growth resumes, the boom...
This paper tests for business cycle symmetry in G7 countries during the post-World War II period usi...