{"id":"https://openalex.org/W2005504281","doi":"https://doi.org/10.1198/073500102288618892","title":"Business Cycle Asymmetries","display_name":"Business Cycle Asymmetries","publication_year":2003,"publication_date":"2003-01-01","ids":{"openalex":"https://openalex.org/W2005504281","doi":"https://doi.org/10.1198/073500102288618892","mag":"2005504281"},"language":"en","primary_location":{"id":"doi:10.1198/073500102288618892","doi":"https://doi.org/10.1198/073500102288618892","is_oa":false,"landing_page_url":"https://doi.org/10.1198/073500102288618892","pdf_url":null,"source":{"id":"https://openalex.org/S18095783","display_name":"Journal of Business and Economic Statistics","issn_l":"0735-0015","issn":["0735-0015","1537-2707"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","fnege-1","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business &amp; Economic Statistics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5087571137","display_name":"Michael P. Clements","orcid":"https://orcid.org/0000-0001-6329-1341","observed_orcids":["https://orcid.org/0000-0001-6329-1341"]},"institutions":[{"id":"https://openalex.org/I39555362","display_name":"University of Warwick","ror":"https://ror.org/01a77tt86","country_code":"GB","type":"education","lineage":["https://openalex.org/I39555362"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Michael P Clements","raw_affiliation_strings":["Department of Economics, University of Warwick, Coventry CV4 7AL, U.K","University of Warwick"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, University of Warwick, Coventry CV4 7AL, U.K","institution_ids":["https://openalex.org/I39555362"]},{"raw_affiliation_string":"University of Warwick","institution_ids":["https://openalex.org/I39555362"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5002214742","display_name":"Hans\u2010Martin Krolzig","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Hans-Martin Krolzig","raw_affiliation_strings":["Economics Department and Nuffield College, University of Oxford, Oxford OX1 3UQ, U.K","University of Oxford"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Economics Department and Nuffield College, University of Oxford, Oxford OX1 3UQ, U.K","institution_ids":["https://openalex.org/I40120149"]},{"raw_affiliation_string":"University of Oxford","institution_ids":["https://openalex.org/I40120149"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":24.9755,"has_fulltext":false,"cited_by_count":148,"citation_normalized_percentile":{"value":0.99166887,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"21","issue":"1","first_page":"196","last_page":"211"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13399","display_name":"Unemployment and Economic Growth","score":0.0008999999845400453,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business-cycle-asymmetry","display_name":"business cycle asymmetry","score":0.9909999966621399},{"id":"https://openalex.org/keywords/markov-switching-autoregressive-model","display_name":"Markov switching autoregressive model","score":0.9710000157356262},{"id":"https://openalex.org/keywords/steepness","display_name":"steepness","score":0.9909999966621399},{"id":"https://openalex.org/keywords/sharpness","display_name":"sharpness","score":0.9929999709129333},{"id":"https://openalex.org/keywords/wald-test","display_name":"Wald test","score":0.8360000252723694},{"id":"https://openalex.org/keywords/model-misspecification","display_name":"model misspecification","score":0.7570000290870667},{"id":"https://openalex.org/keywords/gnp-growth","display_name":"GNP growth","score":0.765999972820282},{"id":"https://openalex.org/keywords/investment-growth","display_name":"investment growth","score":0.9509999752044678},{"id":"https://openalex.org/keywords/consumption-growth","display_name":"consumption growth","score":0.9269999861717224}],"concepts":[{"id":"https://openalex.org/C101104100","wikidata":"https://www.wikidata.org/wiki/Q1063540","display_name":"Heteroscedasticity","level":2,"score":0.785366415977478},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.765479326248169},{"id":"https://openalex.org/C159877910","wikidata":"https://www.wikidata.org/wiki/Q2202883","display_name":"Autoregressive model","level":2,"score":0.757125973701477},{"id":"https://openalex.org/C83873408","wikidata":"https://www.wikidata.org/wiki/Q192311","display_name":"Business cycle","level":2,"score":0.7208540439605713},{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.6913439035415649},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6118665337562561},{"id":"https://openalex.org/C203274628","wikidata":"https://www.wikidata.org/wiki/Q748664","display_name":"Wald test","level":3,"score":0.5010743141174316},{"id":"https://openalex.org/C98763669","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov chain","level":2,"score":0.4623628258705139},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.43294280767440796},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3853534460067749},{"id":"https://openalex.org/C87007009","wikidata":"https://www.wikidata.org/wiki/Q210832","display_name":"Statistical hypothesis testing","level":2,"score":0.3073866665363312},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.293314129114151},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.06973597407341003},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1198/073500102288618892","doi":"https://doi.org/10.1198/073500102288618892","is_oa":false,"landing_page_url":"https://doi.org/10.1198/073500102288618892","pdf_url":null,"source":{"id":"https://openalex.org/S18095783","display_name":"Journal of Business and Economic Statistics","issn_l":"0735-0015","issn":["0735-0015","1537-2707"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","fnege-1","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business &amp; Economic Statistics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320334630","display_name":"Economic and Social Research Council","ror":"https://ror.org/03n0ht308"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":55,"referenced_works":["https://openalex.org/W51359916","https://openalex.org/W561387135","https://openalex.org/W1516803776","https://openalex.org/W1521305287","https://openalex.org/W1529112126","https://openalex.org/W1543804772","https://openalex.org/W1550765941","https://openalex.org/W1600861240","https://openalex.org/W1603241206","https://openalex.org/W1606326889","https://openalex.org/W1964743509","https://openalex.org/W1966839091","https://openalex.org/W1969610664","https://openalex.org/W1970999465","https://openalex.org/W1986336173","https://openalex.org/W1988789713","https://openalex.org/W1991269310","https://openalex.org/W1993128234","https://openalex.org/W2002038271","https://openalex.org/W2002391004","https://openalex.org/W2016426891","https://openalex.org/W2019327560","https://openalex.org/W2021292846","https://openalex.org/W2021949005","https://openalex.org/W2024920506","https://openalex.org/W2031123121","https://openalex.org/W2033465281","https://openalex.org/W2046663779","https://openalex.org/W2049283082","https://openalex.org/W2050111105","https://openalex.org/W2052441401","https://openalex.org/W2065344334","https://openalex.org/W2065395265","https://openalex.org/W2072208595","https://openalex.org/W2074812030","https://openalex.org/W2081902484","https://openalex.org/W2085145041","https://openalex.org/W2109083778","https://openalex.org/W2132978003","https://openalex.org/W2135380460","https://openalex.org/W2147379542","https://openalex.org/W2155083623","https://openalex.org/W2160015397","https://openalex.org/W2171868047","https://openalex.org/W2323507748","https://openalex.org/W2428391644","https://openalex.org/W2891909481","https://openalex.org/W2978185691","https://openalex.org/W3023906401","https://openalex.org/W3123595022","https://openalex.org/W3123887400","https://openalex.org/W3147392836","https://openalex.org/W4231164220","https://openalex.org/W4246950982","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W1676609285","https://openalex.org/W3148934225","https://openalex.org/W2351648145","https://openalex.org/W3162179657","https://openalex.org/W3122831135","https://openalex.org/W2168556804","https://openalex.org/W2088074385","https://openalex.org/W175692801","https://openalex.org/W2602192951","https://openalex.org/W3123237678"],"abstract_inverted_index":{"Tests":[0],"for":[1,7],"business":[2],"cycle":[3],"asymmetries":[4],"are":[5,18,57,86],"developed":[6],"Markov-switching":[8],"autoregressive":[9],"models.":[10],"The":[11,72],"tests":[12,76],"of":[13,30,53,66,74,83],"deepness,":[14],"steepness,":[15],"and":[16,32,50,69,80],"sharpness":[17,39],"Wald":[19],"statistics,":[20],"which":[21],"have":[22],"standard":[23,27],"asymptotics.":[24],"For":[25],"the":[26,44,61,75,81],"two-regime":[28],"model":[29,78],"expansions":[31],"contractions,":[33],"deepness":[34],"is":[35,46],"shown":[36],"to":[37,59,77],"imply":[38],"(and":[40],"vice":[41],"versa),":[42],"whereas":[43],"process":[45],"always":[47],"nonsteep.":[48],"Two":[49],"three-state":[51],"models":[52,65],"U.S.":[54,67],"GNP":[55],"growth":[56],"used":[58],"illustrate":[60],"approach,":[62],"along":[63],"with":[64],"investment":[68],"consumption":[70],"growth.":[71],"robustness":[73],"misspecification,":[79],"effects":[82],"regime-dependent":[84],"heteroscedasticity,":[85],"investigated.":[87]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":9},{"year":2014,"cited_by_count":5},{"year":2013,"cited_by_count":10},{"year":2012,"cited_by_count":9}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2025-10-10T00:00:00"}
