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: Doz, Catherine
Ferrara, Laurent
Pionnier, Pierre-Alain
Format: Publication
Language: English
Place of publication: HAL CCSD 01.01.2020
Data of publication: 2020-01-01
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
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