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The Dynamics of Business Cycles

Stylized Facts, Economic Theory, Econometric Methodology and Applications

  • Michael Reiter

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages i-ix
  2. Introduction

    1. Michael Reiter
      Pages 1-5
  3. Methodology

    1. Front Matter
      Pages 7-7
    2. Michael Reiter
      Pages 9-12
    3. Michael Reiter
      Pages 13-17
  4. Business Cycle Stylized Facts

    1. Front Matter
      Pages 19-19
    2. Michael Reiter
      Pages 21-26
    3. Michael Reiter
      Pages 27-49
  5. Business Cycle Models

    1. Front Matter
      Pages 51-51
    2. Michael Reiter
      Pages 53-72
    3. Michael Reiter
      Pages 73-95
    4. Michael Reiter
      Pages 97-116
  6. Cyclical Growth

    1. Front Matter
      Pages 117-117
    2. Michael Reiter
      Pages 119-123
    3. Michael Reiter
      Pages 125-156
  7. Continuous Time Econometrics

    1. Front Matter
      Pages 157-157
    2. Michael Reiter
      Pages 159-162
    3. Michael Reiter
      Pages 163-168
    4. Michael Reiter
      Pages 181-187
    5. Michael Reiter
      Pages 189-191
  8. Back Matter
    Pages 193-217

About this book

Introduction

This study is a revised version of my doctoral dissertation at the Economics Department of the University of Munich. I want to take the opportunity to express my gratitude to some people who have helped me in my work. My greatest thanks go to the supervisor of this dissertation, Professor Claude Billinger. Bis ideas have formed the basis of my work. Be permanently sup­ ported it with a host of ideas, criticism and encouragement. Furthermore, he provided a stimulating research environment at SEMECON. This study would not have been possible in this form without the help of my present and former colleagues at SEMECON. I am indebted to Rudolf Kohne-Volland, Monika Sebold-Bender and Ulrich Woitek for providing soft­ ware and guidance for the data analysis. Discussions with them and with Thilo Weser have helped me to take many hurdles, particularly in the early stages of the project. My sincere thanks go to them all. I had the opportunity to present a former version of my growth model at a workshop of Professor Klaus Zimmermann. I want to thank all the parti­ cipants for their helpful comments. I also acknowledge critical and constructive comments from an anonymous referee. Table of Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Part I. Methodology 1. Importance of Stylized Facts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 1.1 Limitations of statistical testing. . . . . . . . . . . . . . . . . . . . . . . . . . 9 1.2 Evaluating economic models. . . . . . . . . . . . . . . . . . .. . . . 11 . . . . . . 2. Further Methodological Issues . . . . . . . . . . . . . . . . . .. . . . 13 . . . . . .

Keywords

Angewandte Ökonometrie Applied Econometric s Businness Cyccles Dynamic Models Dynmaische Modelle Konjunkturzyklen econometrics

Authors and affiliations

  • Michael Reiter
    • 1
  1. 1.SEMECONUniversity of MunichMünchenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-95919-6
  • Copyright Information Physica-Verlag Heidelberg 1995
  • Publisher Name Physica-Verlag HD
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-7908-0823-0
  • Online ISBN 978-3-642-95919-6
  • Series Print ISSN 1431-1933
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