Business cycle properties of selected U.S. economic time series, 1959-1988

Author / Creator

Stock, James H

Available as

Online

Summary

Abstract: This paper catalogs the business cycle properties of 163 monthly U.S. economic time series. Abstract: over the three decades from 1959 through 1988. Two general sets of summary statistics...

Abstract: This paper catalogs the business cycle properties of 163 monthly U.S. economic time series.

Abstract: over the three decades from 1959 through 1988. Two general sets of summary statistics are.

Abstract: reported. The first set measures the comovement of each individual time series with a.

Abstract: reference series representing real economic activity. These statIstics focus on comovements at.

Abstract: business cycle horizons. The second set of statistics examines the predictive content of each of.

Abstract: the series for aggregate activity, relative to different sets of conditioning (or predictive).

Abstract: variables. These statistics are constructed and presented in a way that facilitates comparisons.

Abstract: across series and across conditioning sets. They also provide new lists of leading indicators.

Abstract: based on predictive content for overall economic activity. Some of the results confirm.

Abstract: previously recognized empirical regularities, while others provide new or different insights into.

Abstract: the business cycle properties of various series.

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