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Empirical essays on business cycles

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Figure

Figure 2.1.: A first graphical approach
Table 2.1 shows a summary of the distances (i.e. one minus the correlation coeffi- coeffi-cient) computed from the IP series since the nineties
Table 2.2.: Percentage of rejections of the null hypothesis of no correlation 1990.01-2003.01 1961.01-1989.12
Figure 2.3.: Map of averaged business cycles distances
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