Some new results on industrial sector mode-locking and business cycle formation -: art. no. 1

被引:0
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作者
Süssmuth, B
Woitek, U
机构
[1] Tech Univ Munich, Dept Econ & Business, Munich, Germany
[2] Univ Zurich, Inst Empir Res Econ, CH-8006 Zurich, Switzerland
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F [经济];
学科分类号
02 ;
摘要
Business cycles in different industries have a tendency to synchronize with one another in what appears to be a national business cycle. Using simulation and time series techniques in the time and frequency domain, we offer econometric support for the industrial sector mode-locking hypothesis, extending recent work by Selover, Jensen and Kroll (2003). In addition, we propose an economic motivation of the underlying nonlinear model.
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页数:35
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