Blackburn, K. — Pelloni, A. (2002): Growth, Cycles and Stabilisation Policy.
University of Manchester, Centre for Growth and BusinessCycle Research, Discussion Paper
, No. 012.
Blackburn, K. — Pelloni, A. (2004
the absence of a shock. Martin (2012) has proposed the use of the first approach (what we are going to call the country approach), 12 while the second (what we call the businesscycle approach) has been advanced by Han – Goetz (2015) and