Postwar U.S. Business Cycles: An Empirical Investigation Export

@article{citeulike:173775, abstract = {We propose a procedure for representing a time series as the sum of a smoothly varying trend component and a cyclical component. We document the nature of the comovements of the cyclical components of a variety of macroeconomic time series. We find that these comovements are very different than the corresponding comovements of the slowly varying trend components.}, author = {Hodrick, Robert J. and Prescott, Edward C.}, citeulike-article-id = {173775}, citeulike-linkout-0 = {http://www.jstor.org/stable/2953682}, journal = {Journal of Money, Credit and Banking}, keywords = {macro}, number = {1}, pages = {1--16}, posted-at = {2006-07-12 15:19:10}, priority = {2}, title = {Postwar U.S. Business Cycles: An Empirical Investigation}, url = {http://www.jstor.org/stable/2953682}, volume = {29}, year = {1997} }

TY - JOUR ID - citeulike:173775 L3 - citeulike-article-id:173775 N2 - We propose a procedure for representing a time series as the sum of a smoothly varying trend component and a cyclical component. We document the nature of the comovements of the cyclical components of a variety of macroeconomic time series. We find that these comovements are very different than the corresponding comovements of the slowly varying trend components. IS - 1 JF - Journal of Money, Credit and Banking EP - 16 TI - Postwar U.S. Business Cycles: An Empirical Investigation VL - 29 SP - 1 KW - macro AU - Hodrick, Robert AU - Prescott, Edward PY - 1997/// UR - http://www.jstor.org/stable/2953682 ER -