Rudebusch, Glenn D. (contributor); … - 2007
business cycle peaks and troughs, the NBER does not rely on
any single macroeconomic indicator, but instead examines a large …
correlation, and the NBER selects the overall business cycle peak and trough months to best
capture the general consensus among … monthly
dates of past business cycle peaks and troughs, which delineate recessions and expansions. (For
a modern dynamic …