التفاصيل البيبلوغرافية
| العنوان: |
AUSTRALIAN BUSINESS CYCLE FACTS. |
| المؤلفون: |
Fisher, Lance A., Otto, Glenn, Voss, Graham M. |
| المصدر: |
Australian Economic Papers; Dec96, Vol. 35 Issue 67, p300, 21p |
| مصطلحات موضوعية: |
BUSINESS cycles, ECONOMICS |
| مصطلحات جغرافية: |
AUSTRALIA, UNITED States, NEW Zealand |
| مستخلص: |
This paper documents the post-war business cycle facts for Australia. The Hodrick-Prescott filter is used to remove the trend component from quarterly macroeconomic series. The business cycle facts we report are the volatilities of the cyclical (detrended) series and their cross correlations with cyclical real output. These facts are consistent with the business cycle facts reported for the United States, the United Kingdom and New Zealand with one exception. For most of the period since 1974, the real wage in Australia is strongly counter-cyclical whereas for these countries it is procyclical. [ABSTRACT FROM AUTHOR] |
|
Copyright of Australian Economic Papers is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Complementary Index |
Full Text Finder