This paper contains a brief description of the methodological approach to economic fluctuations developed by Arthur F. Burns and Wesley C. Mitchell at the National Bureau of Economic Research. Applying this methodology to growth cycles of the West German economy gives rise to a large number of...

In this paper I test the unit root hypothesis for U.S. log GNP using the information available in income distribution data. The percentile data of an income distribution are shown to follow the same autoregressive pattern as does mean income. Under the null hypothesis of a unit root log GNP is...