The conventional treatment of seasonality in business cycle analysis: Does it create distortions?

Lawrence J. Christiano, Richard M. Todd*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

'No'. So says one model that is broadly consistent with postwar U.S. seasonal and business cycle data.

Original languageEnglish (US)
Pages (from-to)335-364
Number of pages30
JournalJournal of Monetary Economics
Volume49
Issue number2
DOIs
StatePublished - 2002

Keywords

  • Business cycle
  • Seasonal adjustment
  • Seasonality

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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