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Putting the Cycle Back into Business Cycle Analysis

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NBER2016-11-01 更新2025-01-04 收录
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This paper begins by re-examining the spectral properties of several cyclically sensitive variables such as hours worked, unemployment and capacity utilization. For each of these series, we document the presence of an important peak in the spectral density at a periodicity of approximately 36-40

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2016-11-01
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