Escañuela Romana, Ignacio - Volkswirtschaftliche Fakultät, … - 2009
This paper reviews the possibility that Harvard barometers would have enabled to predict the Great Depression. Based on … economic activity?. It is now accepted that Harvard barometers did not allow to predict the crisis. This paper applies the … harmonic analysis, a well-known method at the time of the barometers, and a number of significance tests used in that historic …