This article documents the business cycle characteristics of the Chinese economy by adopting both nonparametric and parametric methodologies. The two approaches are applied to relevant macroeconomics indicators -- Gross Domestic Product (GDP) and Industrial Production (IP) indices -- aiming to...

We study affiliations for the countries of the European Economic and Monetary Union (EMU) with Germany and the USA, using various business cycle measures derived from quarterly real GDP. These measures are Hodrick-Prescott and Baxter-King filtered series and annual growth rates. By using rolling...

This article empirically analyses real per capita GDP growth for six Latin American countries (Argentina, Brazil, Chile, Columbia, Mexico, Venezuela) in terms of real exchange rate depreciations, inflation and US interest rates, focussing on the role of the real exchange rate. We find evidence...