The austrian business cycle in the european context

The dating of business cycle turning points is still an important basis for economic policy decisions. The present study sets out to trace the Austrian business cycle for the Austrian economy for the period between 1976 und 2005, using quarterly national accounts data of Austria, Germany and the eur...

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Autores:
Tipo de recurso:
Book
Fecha de publicación:
2008
Institución:
Universidad de Bogotá Jorge Tadeo Lozano
Repositorio:
Expeditio: repositorio UTadeo
Idioma:
eng
OAI Identifier:
oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/15938
Acceso en línea:
http://hdl.handle.net/20.500.12010/15938
Palabra clave:
Austrian business cycle
Economía
Economía - Teorías
Ciclos económicos
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License
Abierto (Texto Completo)
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oai_identifier_str oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/15938
network_acronym_str UTADEO2
network_name_str Expeditio: repositorio UTadeo
repository_id_str
dc.title.spa.fl_str_mv The austrian business cycle in the european context
title The austrian business cycle in the european context
spellingShingle The austrian business cycle in the european context
Austrian business cycle
Economía
Economía - Teorías
Ciclos económicos
title_short The austrian business cycle in the european context
title_full The austrian business cycle in the european context
title_fullStr The austrian business cycle in the european context
title_full_unstemmed The austrian business cycle in the european context
title_sort The austrian business cycle in the european context
dc.subject.spa.fl_str_mv Austrian business cycle
topic Austrian business cycle
Economía
Economía - Teorías
Ciclos económicos
dc.subject.lemb.spa.fl_str_mv Economía
Economía - Teorías
Ciclos económicos
description The dating of business cycle turning points is still an important basis for economic policy decisions. The present study sets out to trace the Austrian business cycle for the Austrian economy for the period between 1976 und 2005, using quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods are applied: first-order differences, the Hodrick-Prescott filter and the Baxter-King filter. To all of them, two different methods of determining the business cycle are applied: the ad-hoc identification of the cyclical component and a dynamic factor model, taking into account the common cyclical variations for Austria, the euro area and the German economy. Subsequently, the Bry-Boschan algorithm serves to identify peaks and troughs of the cycle. Finally, the results are interpreted and compared with those of earlier studies on the euro area and the Austrian business cycle.
publishDate 2008
dc.date.created.none.fl_str_mv 2008
dc.date.accessioned.none.fl_str_mv 2020-11-23T20:18:15Z
dc.date.available.none.fl_str_mv 2020-11-23T20:18:15Z
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_2f33
format http://purl.org/coar/resource_type/c_2f33
dc.identifier.isbn.none.fl_str_mv 978-3-631-75458-0
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/20.500.12010/15938
identifier_str_mv 978-3-631-75458-0
url http://hdl.handle.net/20.500.12010/15938
dc.language.iso.spa.fl_str_mv eng
language eng
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.local.spa.fl_str_mv Abierto (Texto Completo)
dc.rights.creativecommons.none.fl_str_mv http://creativecommons. org/licenses/by/4.0
rights_invalid_str_mv Abierto (Texto Completo)
http://creativecommons. org/licenses/by/4.0
http://purl.org/coar/access_right/c_abf2
dc.format.extent.spa.fl_str_mv 234 páginas
dc.format.mimetype.spa.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Peter Lang
institution Universidad de Bogotá Jorge Tadeo Lozano
bitstream.url.fl_str_mv https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/15938/2/license.txt
https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/15938/1/1003227.pdf
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repository.name.fl_str_mv Repositorio Institucional - Universidad Jorge Tadeo Lozano
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spelling 2020-11-23T20:18:15Z2020-11-23T20:18:15Z2008978-3-631-75458-0http://hdl.handle.net/20.500.12010/15938The dating of business cycle turning points is still an important basis for economic policy decisions. The present study sets out to trace the Austrian business cycle for the Austrian economy for the period between 1976 und 2005, using quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods are applied: first-order differences, the Hodrick-Prescott filter and the Baxter-King filter. To all of them, two different methods of determining the business cycle are applied: the ad-hoc identification of the cyclical component and a dynamic factor model, taking into account the common cyclical variations for Austria, the euro area and the German economy. Subsequently, the Bry-Boschan algorithm serves to identify peaks and troughs of the cycle. Finally, the results are interpreted and compared with those of earlier studies on the euro area and the Austrian business cycle.Die Datierung konjunktureller Wendepunkte stellt nach wie vor eine wichtige Information tor wirtschaftspolitische Entscheidungen dar. Die vorliegende Studie ermittelt den osterreichischen Konjunkturverlauf tor die Zeit zwischen 197 6 und 2005 auf Basis von Oaten der vierteljahrlichen volkswirtschaftlichen Gesamtrechung Osterreichs, Deutschlands und des Euro-Raums. Drei unterschiedliche Filtermethoden kommen tor die Extraktion konjunktureller Schwankungen zur Anwendung: Differenzen erster Ordnung, der HodrickPrescott-Filter und der Baxter-King-Filter. Basierend auf diesen Ergebnissen wird der Konjunkturverlauf anhand zweier Verfahren ermittelt: der Ad-hoc-Bestimmung der Konjunkturkomponente und der Erstellung eines dynamischen Faktormodells, welches die gemeinsamen zyklischen Schwankungen in Osterreich, im Euro-Raum und in Deutschland berOcksichtigt. Die Datierung des Konjunkturzyklus erfolgt danach durch den Bry-Boschan-Algorythmus. Die Ergebnisse werden interpretiert und mit bereits bestehenden Studien Ober Konjunkturschwankungen im Euro-Raum und in Osterreich verglichen.234 páginasapplication/pdfengPeter LangAustrian business cycleEconomíaEconomía - TeoríasCiclos económicosThe austrian business cycle in the european contextAbierto (Texto Completo)http://creativecommons. org/licenses/by/4.0http://purl.org/coar/access_right/c_abf2http://purl.org/coar/resource_type/c_2f33Scheiblecker, MarcusLICENSElicense.txtlicense.txttext/plain; charset=utf-82938https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/15938/2/license.txtabceeb1c943c50d3343516f9dbfc110fMD52open accessORIGINAL1003227.pdf1003227.pdfVer libroapplication/pdf16464015https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/15938/1/1003227.pdf7d8e4411e39b828bdf61cfceba30a862MD51open accessTHUMBNAIL1003227.pdf.jpg1003227.pdf.jpgIM Thumbnailimage/jpeg9039https://expeditiorepositorio.utadeo.edu.co/bitstream/20.500.12010/15938/3/1003227.pdf.jpgf2c37c7acde488418fbe55f71d6d6727MD53open access20.500.12010/15938oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/159382020-11-23 15:19:47.12open accessRepositorio Institucional - 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