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Journal of Economic Methodology, 2015
Economists use the term ‘stylized fact’ in many contexts, though the meaning of this phrase and the motivation for using such a concept is unclear. In this paper, we provide a philosophical analysis of stylized facts, which aims to be methodologically interesting and useful.
Leticia Arroyo Abad, Kareem Khalifa
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Economists use the term ‘stylized fact’ in many contexts, though the meaning of this phrase and the motivation for using such a concept is unclear. In this paper, we provide a philosophical analysis of stylized facts, which aims to be methodologically interesting and useful.
Leticia Arroyo Abad, Kareem Khalifa
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SSRN Electronic Journal, 2011
This paper investigates a variety of features exhibited by the amplitude of stock returns. Some of these "stylized facts" have already attracted a great deal of attention from researchers, while some others have been documented only recently. - Horizontal dependence of volatility: Volatility is not constant, it is mean-reverting and it tends to cluster
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This paper investigates a variety of features exhibited by the amplitude of stock returns. Some of these "stylized facts" have already attracted a great deal of attention from researchers, while some others have been documented only recently. - Horizontal dependence of volatility: Volatility is not constant, it is mean-reverting and it tends to cluster
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Trade Liberalization and Informality: New Stylized Facts [PDF]
SSRN Electronic Journal, 2010 The relationship between trade liberalization and informal activity has not received the attention, whether theoretical or empirical, that it may deserve. The conventional view posits that trade liberalization would cause a rise in informality. This paper uses three different data sets to assess the sign of the relationship. Empirical results provide a
Marco Fugazza, Norbert Fiess
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Computing white stylized facts on comovement
Economics Letters, 2002zbMATH Open Web Interface contents unavailable due to conflicting licenses.
André, Francisco J. +2 more
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1995
In Chapter 1 I have argued that a thorough determination of stylized facts is the first step in a project to explain economic fluctuations. This chapter will provide a set of tools to establish stylized facts that are interesting in their own right and relevant for the assessment of business cycle theories.
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In Chapter 1 I have argued that a thorough determination of stylized facts is the first step in a project to explain economic fluctuations. This chapter will provide a set of tools to establish stylized facts that are interesting in their own right and relevant for the assessment of business cycle theories.
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1995
This chapter presents the stylized facts of business cycles, which should be explained by the models of Part III. The most important results are contained in Section 4.1, which investigates the cyclical behavior of the components of GNP. The main result of this section, the existence of a regular cycle of about eight years in fixed investment, is ...
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This chapter presents the stylized facts of business cycles, which should be explained by the models of Part III. The most important results are contained in Section 4.1, which investigates the cyclical behavior of the components of GNP. The main result of this section, the existence of a regular cycle of about eight years in fixed investment, is ...
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Trade Sanctions Against Russia: Stylized Facts
AEA Papers and ProceedingsUsing a novel comprehensive dataset on sanctions imposed on the exports to Russia after 2022, we document four stylized facts. First, these sanctions covered 33 percent of Russia's pre-2022 imports in value. Second, though most of the sanctions were concentrated in a few high-tech product categories, at least as much import within these categories ...
Konstantin Egorov +3 more
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