Is the South African business cycle time dependent?

This study is concerned with the South African business cycle and makes use of the hazard function to determine the importance of duration for its analysis. This function gives the conditional probability that a state sustained through a previous period will end in the current one. The study estimat...

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Bibliographic Details
Main Author: Ashley G. Frank
Format: Article
Language:English
Published: AOSIS 2001-03-01
Series:South African Journal of Economic and Management Sciences
Online Access:https://sajems.org/index.php/sajems/article/view/2636