An empirical assessment of business cycle asymmetries: evidence from Malaysia
Asymmetry is a key feature to understand the different behavior of expansions and recessions, and it provides a stylized fact that business cycle models should help to explain. Furthermore, the types of asymmetries provide guidance about underlying economic mechanism. In this paper, we test for thre...
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Format: | Article |
Language: | English |
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Universiti Malaysia Sarawak
2010
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Online Access: | http://irep.iium.edu.my/11128/ http://irep.iium.edu.my/11128/ http://irep.iium.edu.my/11128/1/Cycle_asymmetries.pdf |