Número:
186
Publicado:
Clasificación JEL:
C22, C52
Palabras clave:
Expansions, through non-linear models

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Julián Andrés Parra-Polanía, Constanza Martínez-Ventura
The study of the asymmetric behavior of macroeconomic variables over the business cycles phases has had a long tradition in economics. In this work we find evidence in favor of the hypothesis of having a STAR-type nonlinear asymmetric behavior of the econ