Bergman, U. Michael; Bordo, Michael D.; Jonung, Lars - Economics Institute for Research (SIR), … - 1998
This paper examines the characteristics of business cycles within and across thirteen countries for more than a century … of observations adopting a monetary regime perspective. We search for empirical regularities of business cycle … empirical results, based on bandpass filtered data, suggest that business cycle fluctuations have remained surprisingly stable …