Measuring and Interpreting Business Cycles [Hardcover]

This groundbreaking contribution to the business cycle literature combines a systematic empirical investigation into the characteristics of business cycles with a review of general theories of their patterns and dynamics. The contributors have provided two studies based on the remarkable series of Swedish data available, and a theoretical paper on endogenous shocks.

This is an interesting book, using spectral analysis, cointegrating properties and vector autogression to analyse business cycles, and deserves close study by those working in this area. --The Economic Journal