Kim, Sangbae; In, Francis - In: Studies in Nonlinear Dynamics & Econometrics 7 (2007) 4, pp. 1183-1183
Many empirical studies find that financial variables possess a predictive power over real economic activity. To examine this relationship, we adopt two time-series techniques: spectral analysis and a newly developed method, wavelet analysis. The major innovation of this paper is to apply wavelet...
