Concordance in Business Cycles /

We study the properties of a test that determines whether two time series comove. The test computes a simple nonparametric statistic for 'concordance,' which describes the proportion of time that the cycles of two series spend in the same phase. We establish the size and power properties o...

Celý popis

Podrobná bibliografie
Hlavní autor: McDermott, C.
Další autoři: Scott, Alasdair
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2000.
Edice:IMF Working Papers; Working Paper ; No. 2000/037
Témata:
On-line přístup:Full text available on IMF