Spectral Analysis Of Business Cycles In The Visegrad Group Countries
Journal Title: Comparative Economic Research. Central and Eastern Europe - Year 2017, Vol 20, Issue 2
Abstract
This paper examines the business cycle properties of Visegrad group countries. The main objective is to identify business cycles in these countries and to study the relationships between them. The author applies a modification of the Fourier analysis to estimate cycle amplitudes and frequencies. This allows for a more precise estimation of cycle characteristics than the traditional approach. The cross-spectral analysis of GDP cyclical components for the Czech Republic, Hungary, Poland and Slovakia makes it possible to assess the degree of business cycle synchronization between the countries.
Authors and Affiliations
Arkadiusz Kijek
Keywords
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- EP ID EP324440
- DOI 10.1515/cer-2017-0012
- Views 73
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