Dueker, Michael (contributor); … - 2002 - [Elektronische Ressource]
Labor and the Business Cycle.” Journal of Mon-
etary Economics, 16(3), 1985, pp. 309-327.
Hornstein, Andreas and Per …-productivity correla-
Table 6: Business Cycle Statistics for the Markov-Switching Model
Technology δt Defined by δt Defined by Actual Data … consumption-based measure of the business cycle from Cochrane (1994). The
idea of this nonstructural measure of the trend is that …