Narayan, Paresh Kumar; Popp, Stephan - In: International Review of Economics & Finance 18 (2009) 4, pp. 583-591
In this paper we test for asymmetric behaviour of business cycles for the G7 countries, using the entropy-based test for asymmetry suggested by Racine and Maasoumi [Racine, J.S., & Maasoumi, E. (in press-a). A versatile and robust metric entropy test of time-reversibility, and other hypotheses,...