Page - 193 - in The Austrian Business Cycle in the European Context
Image of the Page - 193 -
Text of the Page - 193 -
Ta
bl
e A 5 a : P
ro
po
rti
on o f p ow er
Fi
rs
t-o
rd
er d
iff
er
en
ce
s
E
ig
en
va
lu
e
# 0
21
'1
/1
5
1 0.
49 0. 44 2
2 0 .6 43
0 .6 12
3
0. 77 8 0. 72 9
4 0. 84 5 0 .8 32
5
0. 89 6 0 .8 95
6
0 .9
31 0 .9 3
7
0 .9 57 0. 95 7
S
ou
rc
e: O w n ca lc ul at io ns .
2 • 21
'1
/1
5
0. 38 9
0 .5 73
0. 70 7
0. 78 7
0. 85 2
0 .9 02
0. 93 9
Fr
eq
ue
nc
y
3 • 21
'1
/1
5 4 • 21
'1
/1
5 5 • 21
'1
/1
5
0. 33 2
0. 35 8 0. 31 8
0 .5 68 0 .5 56 0 .5
21
0 .6
71 0 .6 58 0 .6
5
0. 75 6
0.
75
1 0. 74 8
0. 82 3 0 .8 16 0. 82 8
0 .8
81 0.
87
1 0 .8 77
0 .9 23 0.
91
1 0 .9
19
6 • 21
'1
/1
5
0. 27 3
0. 49 7
0. 65 0. 76
0 .8
41
0. 88 4
0 .9 23
,. 21 '1 /1 5
0 .3 06
0 .5 17 0. 66 0. 75 5
0 .8 3
0 .8 83
0. 92 5 -0 (, .)
The Austrian Business Cycle in the European Context
Forschungsergebnisse der Wirtschaftsuniversitat Wien
- Title
- The Austrian Business Cycle in the European Context
- Author
- Marcus Scheiblecker
- Publisher
- PETER LANG - lnternationaler Verlag der Wissenschaften
- Location
- Frankfurt
- Date
- 2008
- Language
- English
- License
- CC BY 4.0
- ISBN
- 978-3-631-75458-0
- Size
- 14.8 x 21.0 cm
- Pages
- 236
- Keywords
- Economy, Wirtschaft, WIFO, Vienna
- Categories
- International
- Recht und Politik
Table of contents
- 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