Spectral Analysis
Ulrich Woitek · Contributions to economics · 1997
Beginning with the work of Moore (1914) and (1923), the application of spectral estimation to economic time series is subjected to changes in popularity. Since the publication of the influential book by Box and Jenkins (1970), the time-domain approach is prevailing in the description of business cycle stylized facts. Looking at modern papers in this research field, the application of spectral analysis methods is rather the exception than the rule. What is the reason for this development?