Robust stylized facts on comovement for the Spanish economy
Authors: André, Francisco J.; Pérez, Javier J.
Source: Applied Economics, Volume 37, Number 4, March 10, 2005 , pp. 453-462(10)
Abstract:The suggestion of obtaining stylized facts on comovement on the basis of prewhitened time series proposed in André et al . (2002) is further developed. First, some examples are shown on the robustness of the method. Second, the relevance of such a proposal is tested by revisiting some of the existing stylized facts on comovement for the Spanish economy in Dolado et al . (1993) .
Document Type: Research Article
Affiliations: Fundacion Centro de Estudios Andaluces (centrA) c/Bailén 50 41001 Sevilla Spain
Publication date: March 10, 2005