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Danish business cycles from 1974 to 2000 are studied. The HP-filter and the Baxter-king filter are applied and several empirical regularities are identified: Consumption tends to lead the business cycle while investment, especially construction, follows with a lag. Export does not covariate...
Persistent link: https://www.econbiz.de/10010321181
Danish business cycles from 1974 to 2000 are studied. The HP-filter and the Baxter-king filter are applied and several empirical regularities are identified: Consumption tends to lead the business cycle while investment, especially construction, follows with a lag. Export does not covariate...
Persistent link: https://www.econbiz.de/10002773560
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Ofte fremhæves det, at økonomi som fagdisciplin har vundet videnskabelig sta-tus og progressivitet gennem specialisering (fra generalist til partiel ekspert) og anvendelse af en naturvidenskabelig inspireret metodologisk approach. Med en sådan udviklingstendens har økonomer da også i dag...
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