The Measurement and Asymmetry Tests of Business Cycle: Evidence from China
In this paper, the dynamic factor model (DFM) is employed to measure China’s business cycle with macroeconomic indexes from January 2000 to September 2016, so as to construct a business cycle measurement system in line with China’s actual situation, based on which effective and timely macroeconomic...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
AIMS Press
2017-07-01
|
| Series: | Quantitative Finance and Economics |
| Subjects: | |
| Online Access: | http://www.aimspress.com/QFE/article/1524/fulltext.html |