We propose multivariate classification as a statistical tool to describe business cycles. These cycles are often analyzed as a univariate phenomenon in terms of GNP or industrial net production ignoring additional information in other economic variables. Multivariate classification overcomes...

We propose multivariate classification as a statistical tool to describe business cycles. These cycles are often analyzed as a univariate phenomenon in terms of GNP or industrial net production ignoring additional information in other economic variables. Multivariate classification overcomes...

Thirteen Stylized Facts of the german economy are studied with different descriptive statistical methods. The results of this study are considered with respect to other results from Project B3 Multivariate Bestimmung und Untersuchung von Konjunkturzyklen.