Aastveit, Knut Are; Jore, Anne Sofie; Ravazzolo, Francesco - 2015
We de fine and forecast classical business cycle turning points for the Norwegian economy. When defining reference … business cycle turning points with Norway's main trading partners, we find that a Markov-switching factor model provides the … business cycles, we compare a univariate and a multivariate Bry-Boschan approach with univariate Markov-switching models and …