Notes on the empirical analysis of cyclical processes |
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| Authors: | Cees VAN DER EIJK Robert Philip WEBER |
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| Institution: | University of Amsterdam, The Netherlands;Harvard University, U.S.A. |
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| Abstract: | Abstract. This short note discusses a few general data-related problems which occur in analyses of cyclical processes, and offers a brief overview of the advantages and disadvantages of the various approaches and techniques that can be employed. The conclusion is that one should be flexible in approach; it is always possible to model data in more than one way. A prudent strategy will always include the specification and testing of various models. |
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