the bubble component of stock prices. We propose to use the wavelet concept of the phase angle to determine the lead …-lag relation between these variables. The wavelet phase angle allows for decoupling short- and long-run relations and is …

the bubble component of stock prices. We propose to use the wavelet concept of the phase angle to determine the lead …-lag relation between these variables. The wavelet phase angle allows for decoupling short- and long-run relations and is …

of the phase angle and the mean phase angle after cycle estimation. The proposed multivariate method can serve as an …

of the phase angle and the mean phase angle after cycle estimation. The proposed multivariate method can serve as an …

. We examine the extracted cycles drawing on two wavelet concepts: wavelet coherence and wavelet phase angle. In contrast …

. We examine the extracted cycles drawing on two wavelet concepts: wavelet coherence and wavelet phase angle. In contrast …

-dependent time delay. The estimators are: the wavelet cross-correlator and the wavelet phase angle-based estimator. Our results … phase angle is illustrated with a scale-dependent examination of business cycle synchronization between 11 euro zone member …

the wavelet cross-correlator and the wavelet phase angle-based estimator. Our results provide some practical guidelines … for them. The discrete wavelet analysis of coherence and phase angle is illustrated with a scale-dependent examination of …