• 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
  • Pages
    6
  • From page
    373
  • To page
    378
  • 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
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435313