Nelson, Charles; Zivot, Eric; Piger, Jeremy M. - Federal Reserve Bank of St. Louis - 2001
, F.X., and Rudebusch, G.D. (1996), “Measuring Business Cycles: A Modern
Perspective,” The Review of Economics and …, Business Cycle
Asymmetry
3
For the past 20 years the question of whether various economic time series have a unit root or
are … business cycle asymmetry. Thus, we also consider alternative Markov-switching models
of business cycle asymmetry, in particular …