, investment, price of oil and external influences on the duration of expansions and contractions. This study employs for the first … that the duration of expansions and contractions is not only dependent on their actual age: the duration of expansions is …

, investment, price of oil and external influences on the duration of expansions and contractions. This study employs a discrete … contractions is not only dependent on their actual age: the duration of expansions is also positively dependent on the behaviour of … industrial countries over the last fifty years. The evidence provided in this paper suggests that the duration of expansions and …

duration (in months) of contractions and expansions within Business Cycles and their amplitude, measured by GDP percent change … impact of contractions and expansions over time and serves as a warning signal that the economic system is entering into a …

presence of a change-point in the analysis of the duration of expansions and contractions for a group of 13 European and Non … expansions. Results also show that contractions have become longer over time and that their length is negatively affected by the … change-point in duration dependence for expansions, but not for contractions. Results show that the magnitude of the duration …

current business cycle phase and of foreign recessions on the likelihood that expansions and recessions come to an end. With … respect to expansions in a G7 country, we find that the probability they end roughly doubles each time another G7 country … falls into a recession. We also find that expansions in the US and Germany are duration dependent, i.e. are more likely to …

last three decades and the presence of positive duration dependence in contactions, but not in expansions. …

last three decades and the presence of positive duration dependence in contractions, but not in expansions. …

current business cycle phase and of foreign recessions on the likelihood that expansions and recessions come to an end. With … respect to expansions in a G7 country, we find that the probability they end roughly doubles each time another G7 country … falls into a recession. We also find that expansions in the US and Germany are duration dependent, i.e. are more likely to …