RT Journal Article
SR Electronic
A1 Poměnková, Jitka
T1 USA business cycle identification - a comparative study of chosen methods
JF Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
YR 2014
VO 55
IS 6
SP 125
OP 132
DO 10.11118/actaun200755060125
UL https://acta.mendelu.cz/artkey/acu-200706-0013.php
AB Presented paper deals with comparison of chosen methods used for the business cycle identification. With respect to this aim nonparametric method (kernel smoothing) and Box-Jenkins methodology were used. This comparison is performed by application on economic activity in USA 1960/Q01-2007/Q01. The residuals are tested by Box-Pierce test. Identified trend is discussed with chosen historical events which affect business cycle in the USA.