Owyang, Michael T. (contributor); … - 2007
States and the Business Cycle
Michael T. Owyang
David E. Rapach
and
Howard J. Wall
Working Paper 2007-050B … material) should be
cleared with the author or authors.
States and the Business Cycle
*
Michael T. Owyang …. Louis
October 20, 2008
Abstract
We model the U.S. business cycle using a dynamic factor model that identifies …