Die Identifikation internationaler Konjunkturzyklen in disaggregierten Daten: Deutschland, Frankreich und Großbritannien, 1862-1913

Martin Uebele

Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, 2011, vol. 52, issue 1, 19-44

Abstract: This article analyzes international business cycles in Europe 1862-1913 using disaggregated data and Dynamic Factor Analysis. It is important to know if crises are of national or international nature in order to correctly understand their causes and develop adequate solutions to prevent future crises. In comparison with estimates of real national product there is more evidence for international business cycles in disaggregated data of Germany, France and Great Britain before World War I. This is because data used to construct historical national accounts are often not sufficient, and especially because little is known about general price fluctuations. Thus, national products in current prices show higher degrees of international correlation than deflated ones although price indices themselves are not very well correlated across countries.

Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1524/jbwg.2011.0002 (text/html)

Related works:
Journal Article: Die Identifikation internationaler Konjunkturzyklen in disaggregierten Daten: Deutschland, Frankreich und Großbritannien, 1862-1913 (2011)
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:bpj:jbwige:v:52:y:2011:i:1:p:19-44:n:2

DOI: 10.1524/jbwg.2011.0002

Access Statistics for this article

Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook is currently edited by Dieter Ziegler

More articles in Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook from De Gruyter
Bibliographic data for series maintained by Peter Golla ().