Nonlinearities in Swiss macroeconomic data

Annette Detken

Swiss Journal of Economics and Statistics (SJES), 2002, vol. 138, issue I, 39-60

Abstract: Up until lately, studies on asymmetric business cycles focused on U.S. data and were mainly based on univariate analysis. This paper extends the literature beyond U.S. data in studying Swiss macroeconomic data for which almost no empirical research is available so far. Secondly, this paper applies specific tests to differently detrended data, thus studying the robustness of the results taking the frequency characteristics of the data into account. Thirdly, multivariate tests will be restricted in order to pin down the underlying source of nonlinearity and its transmission channel, focussing mainly on possible nonlinear effects of money supply.

Keywords: Asymmetry; linearity tests STAR model (search for similar items in EconPapers)
JEL-codes: C4 E3 (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sjes.ch/papers/2002-I-3.pdf (application/pdf)

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:ses:arsjes:2002-i-3

Access Statistics for this article

Swiss Journal of Economics and Statistics (SJES) is currently edited by Marius Brülhart

More articles in Swiss Journal of Economics and Statistics (SJES) from Swiss Society of Economics and Statistics (SSES) Contact information at EDIRC.
Bibliographic data for series maintained by Kurt Schmidheiny ().