Arbeitspapier

The evolution of US and UK GDP components in the time-frequency domain: A continuous wavelet analysis

Understanding the relationship between national income GDP components is an essential part of macroeconomics. This study investigates quarterly real GDP component data for the U.S. and the U.K. and applies continuous wavelet analysis on cross comparisons of the data, from both within and between the two datasets. The results show that the cyclical interactions between consumption and investment are the most complex and most substantial at several different frequencies. The relationship of exports with other macroeconomic variables has also developed over time, likely due to the evolution of an international business cycle.

ISBN
978-952-323-300-3
Sprache
Englisch

Erschienen in
Series: Bank of Finland Research Discussion Papers ; No. 23/2019

Klassifikation
Wirtschaft
Econometric and Statistical Methods: Special Topics: Other
Business Fluctuations; Cycles
International Business Cycles
Macroeconomic Issues of Monetary Unions
Economic Impacts of Globalization: Macroeconomic Impacts

Ereignis
Geistige Schöpfung
(wer)
Crowley, Patrick M.
Hughes Hallett, Andrew
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Crowley, Patrick M.
  • Hughes Hallett, Andrew
  • Bank of Finland

Entstanden

  • 2019

Ähnliche Objekte (12)