Soderlind, Paul - In: Journal of Applied Econometrics 9 (1994) S, pp. 113-22
This paper tests the well-known real business cycle model of Kydland and Prescott (1988), using spectral methods for linear filters. Model spectra, coherencies, phase shifts, and correlations are tested against U.S. post-war data using both asymptotic and small-sample distributions. Compared...