References
- Baxter , M. and King , R. G. 1995 . Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series , Working Paper No. 5022 National Bureau of Economic Research .
- Blanchard , O. J. and Quah , D. 1989 . The Dynamic Effects of Aggregate Demand and Supply Disturbances . American Economic Review , 79 ( 4 ) : 655 – 673 .
- Campbell , J. Y. and Mankiw , N. G. 1989 . International Evidence on the Persistence of Economic Fluctuations . Journal of Monetary Economics , 23 ( 2 ) : 319 – 333 .
- Carpenter , R. E. and Levy , D. 1998 . Seasonal Cycles, Business Cycles, and the Co-movement of Inventory Investment and Output . Journal of Money, Credit, and Banking , 30 ( 3 ) : 331 – 346 .
- Chatfield , C. 1989 . The Analysis of Time Series , London : Chapman and Hall .
- Cochrane , J. 1988 . How Big is the Random Walk in GNP? . Journal of Political Economy , 96 : 893 – 920 .
- Dezhbakhsh , H. The Political Economy of Statistical Evidence: Economic Data Problems in Developing Countries and Their Impact on Empirical Research . a manuscript presented at the Conference on Development Issues in the New Economy . March , Cape Town, South Africa.
- Fuller , W. A. 1976 . Introduction to Statistical Time Series , New York : John Wiley & Sons .
- Granger , C. W. J. 1966 . The Typical Spectral Shape of an Economic Variable . Econometrica , 34 ( 1 ) : 150 – 161 .
- Granger , C. W. J. and Hatanaka , M. 1964 . Spectral Analysis of Economic Time Series , Princeton, NJ : Princeton University Press .
- Granger , C. W. J. and Watson , M. W. 1984 . “ Time Series and Spectral Methods in Econometrics ” . In the Handbook of Econometrics , Edited by: Zvi , Griliches. and ntriligator , Michael D. I . Volume II , 980 – 1022 . New York : North Holland and Elsevier Science .
- King , R. G. and Watson , M. W. 1996 . Money, Prices, Interest Rates, and the Business Cycle . Review of Economics and Statistics , 78 ( 1 ) : 35 – 53 .
- Koopmans , L. H. 1995 . The Spectral Analysis of Time Series , San Diego, CA : Academic Press .
- Levy , D. 1994 . Output, Capital, and Labor in the Short and Long Run . Southern Economic Journal , 60 ( 4 ) : 946 – 960 .
- Levy , D. and Chen , H. 1994 . Estimates of the Aggregate Quarterly Capital Stock for the Post-War US Economy . Review of Income and Wealth , 40 ( 3 ) : 317 – 349 .
- Levy , D. 2000 . Investment-Saving Co-movement and Capital Mobility: Evidence from Century Long US Time Series . Review of Economic Dynamics , 3 ( 1 ) : 100 – 136 .
- Levy , D. and Dezhbakhsh , H. 2003 . International Evidence on Output Fluctuation and Shock Persistence . Journal of Monetary Economics , forthcoming
- Lucas , R. E. 1980 . Jr . , Two Illustrations of the Quantity Theory of Money, American Economic Review , 70 ( 5 ) : 1005 – 1014 .
- Prescott , E. C. 1986 . Theory Ahead of Business Cycle Measurement . Quarterly Review, Federal Reserve Bank of Minneapolis , Fall : 9 – 22 .
- Priestley , M. B. 1981 . Spectral Analysis and Time Series , San Diego, CA : Academic Press .
- Summers , L. H. 1980 . “ The Non-Adjustment of Nominal Interest Rates: A Study of the Fisher Effect ” . In Macroeconomics, Prices, and Quantities , Edited by: Tobin , James . 201 – 244 . Washington, DC : The Brookings Institution .
- Summers , R. and Heston , A. 1991 . The Penn World Table (Mar 5): An Expanded Set of International Comparisons, 1950–1988 . Quarterly Journal of Economics , 105 : 327 – 368 .
- Zarnowitz , V. 1992 . Business Cycles , Chicago : University of Chicago and the National Bureau of Economic Research .