期刊名称:South-Eastern Europe Journal of Economics (SEEJE)
印刷版ISSN:1109-8597
电子版ISSN:1792-3115
出版年度:2015
卷号:13
期号:1
页码:7-30
出版社:Association of Economic Universities of South and Eastern Europe and the Black Sea Region
摘要:The persistent current phase of negative growth has already triggered the awak- ening of long wave theories. Although long waves are obvious, even with a simple visual observation of the history of the data, doubts as to their existence are ex- pressed by a variety of different theoretical and empirical approaches. However, the increasing num ber of statistical methods for long wave exam ination illus- trates very clearly that their confirmation, as well as their periodization, depends both on theoretical fixations and / or the use of different empirical methodolo- gies. The present paper uses Spectral Analysis in order to investigate the im- portance of the long lasting cycles in the periodicity of European Countries' eco- nomic evolution. The correlation and tim ing differences among them are identi- fied with the help of Cross-Spectral analysis
关键词:Business Cycles; Long Waves; Spectral analysis; Cross-Spectral Analysis