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The Regularity of Business Cycles

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NBER1987-09-01 更新2025-01-04 收录
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Do business cycles have predictable periodicities or are they random walks without past regularities or predictive value? Arguments in support of either position are found in the literature, with no apparent convergence to an agreement. This paper first examines the implications of the NBER

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1987-09-01
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