Are there asymmetries in Jordan's business cycles?

Research output: Contribution to journalArticlepeer-review


This study seeks to test the hypothesis that real GDP in Jordan adjust differently in expansionary versus contractionary periods. The answer highlights on facts about the behavior of business cycles in Jordan. The current study applies two methodologies; Sichel' test and threshold autoregressive (TAR) and momentum TAR (MTAR) models. The results from both techniques confirm symmetric adjustment of real GDP in Jordan. This conclusion supports the idea that linear models are able to explain Jordan's business cycle.

Original languageEnglish
Pages (from-to)189-198
Number of pages10
JournalInternational Journal of Economic Perspectives
Issue number3
Publication statusPublished - 2009
Externally publishedYes


  • Asymmetries
  • Business cycles
  • Threshold autoregressive model

ASJC Scopus subject areas

  • General Economics,Econometrics and Finance


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