Bernoth, Kerstin (contributor); … - 2004
the fact that the volatility of
the business cycle varies substantially across countries. The difference of this variable … Commission (Ameco database) and
own calculations.
10.88 9.69 0.71 29.84
Business Cycle
The difference of the business cycle … regression. The Debt, Deficit, Debt
Service, and Business Cycle variables are related to values of benchmark country Germany …