On superimposed recurrent cycles

DOI10.1007/BF01245147MaRDI QIDQ579109zbMATH OpenOpenAlexFDO

Authors A. B. T. M. van Schaik, R. J. Mulder

Publication date 1987

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01245147

zbMATH Keywords

economic time seriesexogenous shocksself-sustaining cycles

Mathematics Subject Classification ID

Time series, auto-correlation, regression, etc. in statistics (GARCH) (62M10) Applications of statistics to economics (62P20) Economic time series analysis (91B84)

Review text

[This is a shortened version of the authors' review. The full text is available on request.] The article presents a methodological device for a synthesis between the theories of self-sustaining cycles and the hypothesis of identifiable exogenous shocks. Central to this is the hypothesis that fluctuations in economic time series are essentially recurrent. First it is shown how it is possible to combine enough cosine functions to approximate any given time series. Then a numerical example is presented, which is meant to illustrate that the framework proposed can be given empirical content. And at least the method is applied to some time series of real life such as the rate of capacity utilization in U.S. manufacturing.

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Cites work

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• On a question of G. Bergman and L. Small on Azumaya algebras

Cited in

(2)

• Super-attracting cycles for the cosine-root family
• Supercyclidic Nets

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