Business Cycles in the United Kingdom
Facts and Fictions
Bibliographic Data
| ID | 9727390 |
|---|---|
| Authors | Keith Blackburn, Morten O Ravn (0000-0003-2703-2558) |
| Year | 1992 |
| Volume | 59 |
| Issue | 236 |
| Pages | 383 |
| Publication date | 1992-11-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554886 |
| OpenAlex | W2050984358 |
| Language | EN |
| Citations received | 9 |
| References cited | 5 |
This paper documents the statistical properties of contemporary business fluctuations in the United Kingdom. We study the period 1956-90 using quarterly, detrended data on key aggregate variables. We compute selected moments of the data, compare our results with those for the United States, and rigorously test for dynamic instabilities. Our findings confirm the existence of substantive cyclical regularities, both across countries and across time. Some notable cross-country differences are also identified. Conclusions about stability are shown to be potentially sensitive to the method of testing. In general, cross-correlations are appreciably more stable than standard deviations
Aggregate (composite) · Aggregate data · Business cycle · Econometrics · Economics · Key (lock) · Keynesian economics · Kingdom · Long memory · Stability (learning theory) · Standard deviation · Statistical hypothesis testing · Statistics · Test (biology) · Computer Science · Economic theories and models · Economic Theory and Policy · Geology · Materials Science · Mathematics · Monetary Policy and Economic Impact
Comparisons of Business Cycles in the EC
Does Growth Vary over the Business Cycle? Some Evidence from the G7 Countries
The Determinants of UK Business Cycles
A Time-Series Analysis of Crime, Deterrence, and Drug Abuse in New York City
Small-Sample Properties of GMM for Business-Cycle Analysis
On Adjusting the Hodrick-Prescott Filter for the Frequency of Observations
Structural Unemployment, Cyclical Unemployment, and Income Inequality
Dynamics of Macroeconomic Adjustment in a Globalized Developing Economy
The Stylised Facts of the UK Commercial Building Cycles
| Unique citing works | 9 |
|---|---|
| Citations per year | 0,29 |
| Citation span | 1995 - 2002 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 6 |