Business Cycles: Durations, Dynamics, and Forecasting

This is the most sophisticated and up-to-date econometric analysis of business cycles now available. Francis Diebold and Glenn Rudebusch have long been acknowledged as leading experts on business cycles. And here they present a highly integrative collection of their most important essays on the subject, along with a detailed introduction that draws together the book's principal themes and findings.


Diebold and Rudebusch use the latest quantitative methods to address five principal questions...