The purpose of this paper is to analyze the pattern and behavior of Economic Long Waves over time, using the long-wave chronologies of two driving economies, the USA and the UK. The statistical evidence seems in general to support the hypothesis that Long Waves are not symmetric and their regularity is based on longer periods of upwave than downwave (contraction-skewed), which implies a negative asymmetric path of these waves over time.

The asymmetric path of economic long waves

Coccia M
2010

Abstract

The purpose of this paper is to analyze the pattern and behavior of Economic Long Waves over time, using the long-wave chronologies of two driving economies, the USA and the UK. The statistical evidence seems in general to support the hypothesis that Long Waves are not symmetric and their regularity is based on longer periods of upwave than downwave (contraction-skewed), which implies a negative asymmetric path of these waves over time.
2010
Istituto di Ricerca sulla Crescita Economica Sostenibile - IRCrES
Long Waves
Kondratieff Waves
Asymmetry Business cycles
Contraction-compression
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.14243/40253
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