Economics at your fingertips  

Good Times Are Drinking Times: Empirical Evidence on Business Cycles an Alcohol Sales in Sweden 1861-2000

Niclas Krüger and Mikael Svensson

No 2008:2, Working Papers from Örebro University, School of Business

Abstract: This paper studies the relationship between the business cycle and alcohol sales in Sweden using a data set for the years 1861-2000. Using wavelet based band-pass filtering it is found that there is a pro-cyclical relationship, i.e. alcohol sales increases in short-term economic upturns. Using moving window techniques we see that the pro-cyclical relationship holds over the entire time period. We also find that alcohol sales are a long-memory process with non-stationary behavior, i.e. a shock in alcohol sales has persistent effects

Keywords: Businesscycles:Alcohol:Sweden (search for similar items in EconPapers)
JEL-codes: E32 I12 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2008-05-08
New Economics Papers: this item is included in nep-cbe, nep-hea and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Forthcoming in Applied Economics Letters.

Downloads: (external link) ... rs2008/wp-2-2008.pdf (application/pdf)

Related works:
Journal Article: Good times are drinking times: empirical evidence on business cycles and alcohol sales in Sweden 1861-2000 (2010) Downloads
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:

Access Statistics for this paper

More papers in Working Papers from Örebro University, School of Business Örebro University School of Business, SE - 701 82 ÖREBRO, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by ().

Page updated 2024-07-17
Handle: RePEc:hhs:oruesi:2008_002