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Dating Business Cycle Turning Points for the French Economy
Dating Business Cycle Turning Points for the French Economy: a MS-DFM approach February 3 2015 Catherine Doz1 Anna Petronevich2 Abstract The o cial institutions (NBER OECD CEPR and others) provide business cycle chronol-ogy with a lag from 3 months up to several years Markov-Switching Dynamic Factor Model |
DATING BUSINESS CYCLES IN FRANCE: A REFERENCE CHRONOLOGY
This paper proposes a reference quarterly dating for periods of expansion and recession in France since 1970 carried out by the Dating Committee of the French Economic Association (AFSE) The methodology used is based on two pillars: (i) econometric estimations from various key data to identify candidate periods and (ii) a |
Econometric methods for business cycle dating: a practical guide
the dating procedure so that assessments on the business cycle can be updated easily in real time as new data become available Thus dating with algorithms tends to reduce the speed with which 1To name a few Brazil Canada France and Mexico have also set up dating committees |
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