Phases of the Canadian business cycle

Philip Bodman () and Mark Crosby ()

Canadian Journal of Economics, 2000, vol. 33, issue 3, pages 618-633

Abstract: In this paper we contrast a number of univariate models of Canadian GDP. Our preferred models are used to provide a business cycle chronology for Canada, which is compared with some existing, more judgmentally determined chronologies. We find that a simple, "two quarters of negative growth" rule for determining recession dates is the most similar to our chronology. We also find that the most recent recession in Canada was unique in both its length and the slow speed of recovery.

JEL-codes: C22 C51 C52 E32 (search for similar items in EconPapers)
Date: 2000
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Working Paper: Phases of the Canadian Business Cycle (1998)
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