Ritschl, Albrecht; Sarferaz, Samad; Uebele, Martin - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
evidence of moderation in the nominal series, however, and reproduce the standard result of moderation since the 1980s. Our … Bayesian dynamic factor model to obtain aggregate and sectoral economic activity indices. We find a remarkable increase in … estimates broadly confirm the NBER historical business cycle chronology as well the National Income and Product Accounts, except …