AN APPROACH IN DATING ROMANIAN BUSINESS CYCLE'S TURNING POINTS

被引：0

作者：

Tanasescu, Cristina ^{[1
]}

Bucur, Amelia ^{[2
]}

机构：

[1] Lucian Blaga Univ, Dept Econ, Fac Econ Sci, Sibiu, Romania

[2] Lucian Blaga Univ, Dept Math, Fac Sci, Sibiu, Romania

来源：

ECONOMIC WORLD DESTINY: CRISIS AND GLOBALIZATION?, SECTION I: GLOBALIZATION AND POST-GLOBALIZATION | 2010年

关键词：

Business Cycle; turning points; peak; trough;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In business cycle measurement, two different but complementary approaches exist. One approach refers to "growth cycle" and relies on detrending procedures to identify the residual cyclical component of output. The other approach, "classic cycles" attempts to identify significant turning points - peaks and troughs and define a contraction to simply be the time from peak to trough, and an expansion to be the time from trough to peak. With no need of trend modelling. The peak and trough dates for Romania were established by the Bry-Boschan Quaterly algorithm for the sample 2001Q1 to 2009Q4.

引用

页码：624 / 629

页数：6

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