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Journals / Central Bank Review / 2019 / Cilt: 19 - Sayı: 2

Dating the business cycle: Evidence from Mongolia

Davaajargal LUVSANNYAM
Khuslen BATMUNKH
Khulan BUYANKHISHIG
Pages
59–66
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

When we indicate the result of Bry Boschan Quarterly algorithm as the benchmark for the business cycle, [1 trend filter provides a more precise estimate of the output gap for Mongolia.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Business cycle is an important indicator for making policy and management decisions.
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Key Findings & Data:We find that Bry Boschan Quarterly (BBQ) algorithm accurately dates the business cycle which is consistent with the economic expectations.
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Conclusion & Impact:When we indicate the result of Bry Boschan Quarterly algorithm as the benchmark for the business cycle, [1 trend filter provides a more precise estimate of the output gap for Mongolia.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Özet

Business cycle is an important indicator for making policy and management decisions. This paper compares the business cycle estimates for Mongolia based on a graphical and parametric methods. We find that Bry Boschan Quarterly (BBQ) algorithm accurately dates the business cycle which is consistent with the economic expectations. When we indicate the result of Bry Boschan Quarterly algorithm as the benchmark for the business cycle, [1 trend filter provides a more precise estimate of the output gap for Mongolia.

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Cite This Article

LUVSANNYAM, D., BATMUNKH, K., BUYANKHISHIG, K. (2019). Dating the business cycle: Evidence from Mongolia. Central Bank Review, Cilt: 19 - Sayı: 2, 59–66. https://ajindex.com/articles/142178

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References (3)

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