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. This paper intends adopt Clements and Krolzig (2003) parametric tests to determine the asymmetric properties of business cy...
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Format: | Conference or Workshop Item |
Language: | English |
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2009
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Online Access: | http://irep.iium.edu.my/12218/ http://irep.iium.edu.my/12218/1/An_Assessment_of__Business_Asymetry_in_Malaysia_conference_version.pdf |