Taipei. The Hong Kong SAR economy has experienced an increase/decrease in the volatility of investment/private consumption … the crisis-affected economies in East Asia. Using the Hodrick-Prescott filter, this paper examines the growth volatility … of GDP, its components and the stock market of five East Asia economies of Japan, Singapore, South Korea, Chinese Taipei …

I empirically analyze the dynamics of business investment following normal recessions (declines in business investment … for significant non-linear trend reversion or bounce-back effects on the level of business investment following normal … recessions, i.e., the deeper the previous recession was, the higher the growth rate of business investment will be. The trend …