Asymmetric business cycle co-movements
Author: Hecq, Alain1
Source: Applied Economics Letters, Volume 16, Number 6, April 2009 , pp. 579-584(6)
- In this: publication
- By this: publisher
- In this Subject: Economics
- By this author: Hecq, Alain
Content Key:
- Free
- New
- Open Access
- Subscribed
- Free Trial
Abstract:
We investigate the presence of common cyclical features at different data points separated by a threshold variable. Our two-step procedure consists of first estimating the unknown threshold in a VAR or a VECM (Tsay, 1998). Next, cofeature test-statistics are carried out on the parts.Document Type: Research article
DOI: 10.1080/13504850701206486
Affiliations: 1: Department of Quantitative Economics, Maastricht University, Maastricht, The Netherlands
Content Key:
- Free
- New
- Open Access
- Subscribed
- Free Trial

Click here for Page Help