The duration of acceleration cycle downturns: duration dependence, international dynamics and synchronisation

This paper analyses the factors that affect the duration of economic downturns using data for growth (acceleration) cycles for 13 industrialised countries over the period 1950-2018. Our findings show that downturn periods die of old age. We also find that when trading partners are in a downturn, the...

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Bibliographic Details
Main Authors: George Koutsoumanis, Vitor Castro
Format: Default Article
Published: 2022
Subjects:
Other economics not elsewhere classified
Acceleration cycles
Economic downturns
Duration dependence
Synchronisation
Economics
Online Access:https://hdl.handle.net/2134/20747668.v1
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https://hdl.handle.net/2134/20747668.v1

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