An empirical assessment of business cycle asymmetries using parametric and non-parametric test: evidence from Asean countries
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. This paper intends to adopt Cle...
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| Format: | Proceeding Paper |
| Language: | English |
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2011
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| Online Access: | http://irep.iium.edu.my/12825/1/An_Assessment_of__Business_Asymetry_in_ASEAN.pdf |