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159
Continuation Table 5: Overview over different dating calendars for
Austria and the euro area
Auslria
HP filler
BK filler
HP Dynamic Factor model
BK Dynamic Factor model
l!reuss (198")
Hahn - Walterskrchen ( 1992)
Mis -Marcellino -Proieffi (2004)
Mis -Kro/zig -Toro (2004)
Euro area
HP filter
BK filter
MOnch -Uhlig (2004)
fomi et al. (2000)
Mis -Marcellino -ProieHi (2004)
Mis - Krolzig - Toro (2004)
CEPR (2003)
Austria
HP filter
BK filter
HP Dynamic Factor model
BK Dynamic Factor model
l!reuss ( 198" J
Hahn - Wa/terskrchen ( 1992)
Artis -Marcellino -ProieHi (2004)
Artis - Krolzig - Toro (2004)
Evro area
HP filter
BK filter
Mc5nch -Uhlig (2004)
fomi et al. (2000)
Mis -Marcellino -Proietti (2004)
Mis -Kro/zig -Toro (2004)
CEPR (2003)
.a. ... peak, Y ... trough. 1996 1997 1998 1999 2000
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The Austrian Business Cycle in the European Context
Forschungsergebnisse der Wirtschaftsuniversitat Wien
- Titel
- The Austrian Business Cycle in the European Context
- Autor
- Marcus Scheiblecker
- Verlag
- PETER LANG - lnternationaler Verlag der Wissenschaften
- Ort
- Frankfurt
- Datum
- 2008
- Sprache
- englisch
- Lizenz
- CC BY 4.0
- ISBN
- 978-3-631-75458-0
- Abmessungen
- 14.8 x 21.0 cm
- Seiten
- 236
- Schlagwörter
- Economy, Wirtschaft, WIFO, Vienna
- Kategorien
- International
- Recht und Politik
Inhaltsverzeichnis
- Zusammenfassung V
- Abstract IX
- List of figures and tables XV
- List of abbreviations XVII
- List of variables XIX
- 1. Research motivation and overview 1
- 2. The data 7
- 3. Methods of extracting business cycle characteristics 13
- 4. Identifying the business cycle 41
- 5. Analysing cyclical comovements
- 6. Dating the business cycle 61
- 7. Analysis of turning points 71
- 8. Results 79
- 9. Comparing results with earlier studies on the Austrian business cycle 125
- 9.1 Comparing the results with the study by Altissimo et al. (2001) 126
- 9.2 Comparing the results with the study by Monch -Uhlig (2004) 128
- 9.3 Comparing the results with the study by Cheung -Westermann (1999) 130
- 9.4 Comparing the results with the study by Brandner -Neusser (1992) 131
- 9.5 Comparing the results with the study by Forni - Hallin -Lippi -Reich/in (2000) 132
- 9.6 Comparing the results with the study by Breitung -Eickmeier (2005) 134
- 9.7 Comparing the results with the study by Artis - Marcellino - Proietti (2004) 134
- 9.8 Comparing the results with the study by Vijselaar -Albers (2001) 140
- 9.9 Comparing the results with the study by Artis - Zhang (1999) 142
- 9.10 Comparing the results with the study by Dickerson -Gibson -Tsakalotos (1998) 142
- 9.11 Comparing the results with the study by Artis - Krolzig - Toro (2004) 143
- 9.12 Comparing the results with the dating calendar of the CEPR 146
- 9.13 Comparing the results with the study by Breuss ( 1984) 151
- 9.14 Comparing the results with the study by Hahn - Walterskirchen ( 1992) 153
- 9.15 Comparison of the results of different dating procedures 154
- 9 .15.1 Turning point dates of the Austrian business cycle 155
- 9 .15.2 Turning point dates of the euro area business cycle 156
- 10. Concludlng remarks 161
- References 169
- Annex 177