Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55194 
Authors: 
Year of Publication: 
2010
Series/Report no.: 
Working Paper No. 669
Publisher: 
Queen Mary University of London, School of Economics and Finance, London
Abstract: 
This study examines the evolution of econometric research in business cycle analysis during the 1960-90 period. It shows how the research was dominated by an assimilation of the tradition of NBER business cycle analysis by the Haavelmo-Cowles Commission approach, catalysed by time-series statistical methods. Methodological consequences of the assimilation are critically evaluated in light of the meagre achievement of the research in predicting the current global recession.
Subjects: 
business cycles
NBER
forecasting
JEL: 
B23
Document Type: 
Working Paper

Files in This Item:
File
Size
164.82 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.