A Cross-Country Study of the Symmetry of Business Cycles

Barry Falk

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Recently developed testing procedures have led to renewed interest in the empirical evaluation of the hypothesis that business cycle contractions tend to be sharper and shorter than expansions. Evidence presented by Neftci (1984) and Falk (1984) suggests that, in the United States, cycles in unemployment and real GNP behave in ways that are consistent with the asymmetry hypothesis. This paper looks at time series pertaining to aggregate production in Canada and four West European countries. It does not find additional support for the asymmetry hypothesis.

Date: 1984-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... a60356a7c9d3/content
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:198401010800001147

Access Statistics for this paper

More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().