Bec, Frédérique; Bouabdallah, Othman; Ferrara, Laurent - In: Economic Modelling 44 (2015) C, pp. 327-334
Progresses in fiscal consolidation programs are often expressed in cyclically-adjusted terms, meaning that business cycles have to be accurately estimated. In this paper, we put forward a parametric framework enabling to assess business cycles, especially at the end of recession periods by...