The Conventional Treatment of Seasonality in Business Cycle Analysis: Does it Create Distortions?
NBER Technical Working Paper No. 266
'No.' So says one model that is broadly consistent with postwar U.S. seasonal and business cycle data.
Document Object Identifier (DOI): 10.3386/t0266
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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