Abstract
The main objective of this article is to describe the most important features of business cycles in Portugal during the period 1958-1989. We compare these features with the empirical regularities of economic fluctuations in other OECD countries and with the predictions of two benchmark dynamic general equilibrium models.
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Correia, I.H., das Neves, J.C., Rebelo, S. (1992). Business Cycles in Portugal: Theory and Evidence. In: do Amaral, J.F., Lucena, D., Mello, A.S. (eds) The Portuguese Economy Towards 1992. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-3638-3_1
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