Osborn, D R; Perez, P J; Sensier, M - School of Economics, University of Manchester - 2005
This paper empirically models the relationship between quarterly business cycle movements in the US and the other G7 … autoregressive framework, the possibility of asymmetric business cycle linkages is explored. Statistical testing almost always … types of possible business cycle linkages, three nonlinear VAR models are estimated for each country with the US, where …