The Business Cycle in Historical Perspective.: Reconstructing Quarterly Data on Swedish GDP, 1913-2014

• Autores: Rodney Edvinsson, Erik Hegelund
• Localización: Journal of European Economic History, ISSN 0391-5115, Vol. 47, Nº. 1, 2018, págs. 33-60
• Idioma: inglés
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• Resumen

  • We present an estimation of quarterly GDP for Sweden stretching back to 1913, using higher frequency series on manufacturing and private consumption as indicators and standard methods for temporal disaggregation from annual GDP data. Deseasonalization is performed using JDemetra+ software. We use the Bry-Boschan algorithm to identify peaks and troughs, based on which we present various chronologies of the business cycle in Sweden, indicating a partially new picture of the country’s economic growth over the last 100 years.