Title of article :
The duration of recessions follows an exponential not a power law
Author/Authors :
Ian Wright، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2005
Pages :
3
From page :
608
To page :
610
Abstract :
Ormerod and Mounfield (Physica A 293 (2001) 573) analyse GDP data of 17 leading capitalist economies from 1870 to 1994 and conclude that the frequency of the duration of recessions is consistent with a power law. But in fact the data is consistent with an exponential (Boltzmann–Gibbs) law.
Journal title :
Physica A Statistical Mechanics and its Applications
Serial Year :
2005
Journal title :
Physica A Statistical Mechanics and its Applications
Record number :
869852
Link To Document :
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