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Resumen
El estudio de los ciclos económicos ha sido de gran interés desde su análisis formal a principios del siglo XX, no obstante no se ha producido un consenso entre los expertos en cuanto a su definición y a las técnicas de estimación de los mismos. Es por ello, que en este trabajo se presenta una revisión sobre la definición de los ciclos económicos, así como de sus características y la medición de las mismas. Por otro lado, se repasan las referencias sobre las técnicas empleadas para la extracción de los mismos, especialmente centrándonos en la estimación de los ciclos económicos internacionales en la que se emplean técnicas multivariantes complejas, sobre las cuales se ha abierto una vía de investigación con un interés cada vez mayor.
Palabras clave:
Ciclo económico internacional
Filtros lineales
Técnicas multivariantes
Abstract
The study of business cycles has been of great interest since its formal analysis in the early twentieth century; however there has been no consensus among experts about its definition and techniques for estimating them. Therefore, in this paper we present a review of the definition of business cycles and of their characteristics and approaches. On the other hand, we review the references on the techniques used to extract business cycles, especially focusing on the estimation of international business cycles employing multivariate techniques which have opened a research line with a growing interest.
Keywords:
International business cycles
Lineal filters
Multivariate techniques
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