Business Cycle Theory And Econometrics

Allan Gregory and Gregor Smith

No 1254, Working Paper from Economics Department, Queen's University

Abstract: We outline in turn criticisms made by econometricians of the methods used in empirical business-cycle research and then criticisms made by business-cycle researchers of some methods used by econometricians. The aim is to clarify and in some cases correct thesecriticisms. Overall there is no conflict in using rigourous statistical procedures to study modern dynamic stochastic general equilibrium models. We also provide a concise bibliographyof recent research on statistical methods for business-cycle models.

Keywords: business cycles; time-series econometrics (search for similar items in EconPapers)
JEL-codes: C18 E32 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1995-06
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.econ.queensu.ca/sites/econ.queensu.ca/files/qed_wp_1254.pdf First version 1995 (application/pdf)

Related works:
Journal Article: Business Cycle Theory and Econometrics (1995)
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:qed:wpaper:1254

Access Statistics for this paper

More papers in Working Paper from Economics Department, Queen's University Contact information at EDIRC.
Bibliographic data for series maintained by Mark Babcock ().