Asymmetric Business Cycles and Cycle Skewness

Knowledge for researchers: Distortion of the business cycle in recent decades

Preface:
Cycle analysis and cycle forecasting often imply the use of a symmetric time distribution between high to low and low to high. This is the underlying framework used by anyone applying mathematical signal processing to cycles and producing cycle-based composite cycle forecasts. This technique is now faced with a new challenge that has emerged ove…