The Conventional Treatment of Seasonality in Business Cycle Analysis: Does it Create Distortions?
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NBER Technical Working Paper No. 266
Issued in December 2000
NBER Program(s): TWP
'No.' So says one model that is broadly consistent with postwar U.S. seasonal and business cycle data.
Published: Christiano, Lawrence J. and Richard M. Todd. "The Conventional Treatment Of Seasonality In Business Cycle Analysis: Does It Create Distortions?," Journal of Monetary Economics, 2002, v49(2,Mar), 335-364.
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