Fernandez, Viviana; Kutan, Ali M. - 2005
Using monthly industrial sector data from January 1971 to March 2004, we test for business cycles convergence among the … business cycles among Australia, Japan, and South Korea, based on the quarterly data for the 1957-2003 period, as well as among … to identify business cycles. In particular, we propose a new trend-cycle decomposition method based on wavelet analysis …