Zegar cyklu koniunkturalnego państw UE i USA w latach 1995-2013 w świetle badań synchronizacji

Kufel, Tadeusz; Osińska, Magdalena; Błażejowski, Marcin; Kufel, Paweł

doi:10.15611/pn.2015.385.15

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Crisis On the New Passenger Cars' Market In European Countries1

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2021

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“…The choice of the cut-off moment ω0=2.5, i.e., the 12 years, has been widely described in the paper (Kufel, 2003). A description of the cyclic clock can be found in several articles (Van Ruth, Schouten, and Wekier, 2005;Abberger and Nierhaus, 2010;Ulrichs and Błażej, 2014;Kufel et. al., 2015).…”

Section: Crisis On the New Passenger Cars' Market In European Countriesmentioning

confidence: 99%

Covid-19 Pandemic Lockdown vs. Business Cycle Clock Registration of New Passenger Cars in European Countries

Kufel¹

2021

ERSJ

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Purpose: The aim of this article is to evaluate the impact of the lockdown caused by the Covid-19 pandemic on the economic situation measured by the number of new passenger cars registered in selected European countries. Design/Methodology/Approach: The assessment of economic changes was conducted using a business cycle clock (BCC) using the number of newly registered passenger cars. Use working day and seasonally adjusted -Car registration, a new passenger car monthly series, was estimated with a Hodrick-Prescott filter. Findings: The lockdown caused by the Covid-19 pandemic had a negative impact on the economy measured by newly registered cars. Practical Implications: The varying effects of the lockdown can be evaluated with a business cycle clock. Originality/Value: The study was based on monthly data up to October 2020 and showed the high usefulness of BCC results.

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Section: Crisis On the New Passenger Cars' Market In European Countriesmentioning

confidence: 99%

Covid-19 Pandemic Lockdown vs. Business Cycle Clock Registration of New Passenger Cars in European Countries

Kufel¹

2021

ERSJ

Self Cite

View full text Add to dashboard Cite

show abstract

Zegar cyklu koniunkturalnego państw UE i USA w latach 1995-2013 w świetle badań synchronizacji

Cited by 1 publication

References 4 publications

Covid-19 Pandemic Lockdown vs. Business Cycle Clock Registration of New Passenger Cars in European Countries

Covid-19 Pandemic Lockdown vs. Business Cycle Clock Registration of New Passenger Cars in European Countries

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