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POMĚNKOVÁ, J.
Originální název
An alternative approach to the dating of business cycle: nonparametric kernel estimation
Typ
článek v časopise ve Web of Science, Jimp
Jazyk
angličtina
Originální abstrakt
The paper provides the methodological background for the Czech Republic business cycle dating process using an alternative approach. This approach is based on the mathematical principle of identification of extremes using estimates of derivations of time trend of the analysed time series, for which the nonparametric Gasser-Müller estimate is used. The presented methodological approach is applied on the real gross domestic product data sets, the total industry (excluding construction), the gross capital formation and the final consumption expenditure. The selected variables are taken from the national accounts system. The obtained results are compared to the widely used naive technique of business cycle dating written by Canova (1998, 1999) or Bonenkamp (2001). The presented new method specifies the identification of turning points in the business cycle dating process.
Klíčová slova
Gasser-Müllerův odhad, hospodářský cyklus, body zvratu
Autoři
Vydáno
1. 9. 2010
Místo
Praha
ISSN
12100455-
Periodikum
Prague Economic Papers
Ročník
3
Číslo
1
Stát
Česká republika
Strany od
251
Strany do
272
Strany počet
22
URL
https://pep.vse.cz/pdfs/pep/2010/03/04.pdf
BibTex
@article{BUT149172, author="Jitka {Dluhá}", title="An alternative approach to the dating of business cycle: nonparametric kernel estimation", journal="Prague Economic Papers", year="2010", volume="3", number="1", pages="251--272", doi="10.18267/j.pep.375", issn="12100455-", url="https://pep.vse.cz/pdfs/pep/2010/03/04.pdf" }