Abstract
This chapter compares four methods of EBCR. After a verbal description, we concentrate on the way the methods treat the theory-measurement distinction. Subsequently, the methods are presented in a formal manner to clarify how they capture business cycles. After that, the methods are judged against our other criteria of assessment: forecasting, policy evaluation, and the role of theory.
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© 1998 Springer Science+Business Media Dordrecht
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Jacobs, J. (1998). Assessment. In: Econometric Business Cycle Research. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5591-9_3
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DOI: https://doi.org/10.1007/978-1-4615-5591-9_3
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-7558-6
Online ISBN: 978-1-4615-5591-9
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