Title of article :
A three-regime real-time indicator for the US economy
Author/Authors :
Laurent Ferrara، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2003
Abstract :
This note proposes a monthly real-time cyclical indicator for the US economy computed through a three-regime multivariate Markov-Switching model. The model specification is based on the reconciliation of the concepts of growth and business cycles.
Keywords :
Multivariate Markov-Switching , Specification , Real-time indicator , Economic cycles
Journal title :
Economics Letters
Journal title :
Economics Letters
