The duration of business cycle expansions and contractions: are there change-points in duration dependence?
The issue of whether the likelihood of an expansion or contraction ending is dependent on its age, i.e whether they are duration dependent, is widely addressed in the business cycles literature and evidence of positive duration dependence is found in several studies. However, there is an important i...
| Autor principal: | |
|---|---|
| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2013
|
| Assuntos: | |
| Texto completo: | http://hdl.handle.net/1822/19165 |
| País: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/19165 |