Aastveit, Knut Are; Jore, Anne Sofie; Ravazzolo, Francesco - 2014
We review several methods to define and forecast classical business cycle turning points in Norway. In the paper we … Product (GDP) as the business cycle indicator. The timing of business cycles depends on the vintage and the method used. BB … provides the most reasonable definition of business cycles. The forecasting exercise, where the models are augmented with …