A comparison of two business cycle dating methods Free sex chat know cards

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A quasi-official chronology exists for the US economy, but not for most European countries, including Germany.These fluctuations occur around a long-term growth trend, and typically involve shifts over time between periods of relatively rapid economic growth, and periods of relative stagnation or decline (a contraction or recession).Business cycles are usually measured by considering the growth rate of real gross domestic product.The most important difference relates to robustness.The MS approach depends on the validity of that statistical model.

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