Document Type

Article

Journal/Book Title/Conference

Economics Research Institute Study Paper

Volume

5

Publisher

Utah State University Department of Economics

Publication Date

2002

Rights

Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.

First Page

1

Last Page

39

Abstract

This paper examines the combined influences of detrending and time aggregation on the measurement of business cycles. The approximate band-pass filter of Baxter and King (1999) performs relatively well in the sense that it retains the basic shape of disaggregate spectra and cospectra when applied to time-aggregated data and is straightforward to apply across sampling intervals. Simulation of a simple weekly RBC model confirms the theoretical results.

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