Business cycle dynamics after the Great Recession

An extended Markov-Switching Dynamic Factor Model

The Great Recession and the subsequent period of subdued GDP growth in most advanced economies have highlighted the need for macroeconomic forecasters to account for sudden and deep recessions, periods of higher macroeconomic volatility, and fluctuations in trend GDP growth. In this paper, we put fo...

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Bibliographic details
Main Author: Catherine Doz
Laurent Ferrara
Pierre-Alain Pionnier
Format: Paper
Language: English
Place of publication: OECD Publishing 16.01.2020
Data of publication: 2020-01-16T00:00:00
ISSN: 1815-2031
EISSN: 1815-2031
Discipline: Statistics
Series: OECD Statistics Working Papers
Online Access: Fulltext
Database: OECD Working Paper Series
OECD iLibrary
OECD iLibrary
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