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),
Bullard and Schalling (2002), Filardo (2000), and the refenrences cited in these papers
2
For a recent application on euro … pronounced lags are
observed between the phases of the business and stock market cycles, in particular in Europe,
especially at ….) and Proietti (T.) (2003): �Dating the Euro Area Business
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Bernanke (B.) and Gertler (M …