Multidimensional Scaling Analysis of the Dynamics of a Country Economy

This paper analyzes the Portuguese short-run business cycles over the last 150 years and presents the multidimensional scaling (MDS) for visualizing the results. The analytical and numerical assessment of this long-run perspective reveals periods with close connections between the macroeconomic vari...

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Bibliographic Details
Main Authors: J. A. Tenreiro Machado, Maria Eugénia Mata
Format: Article
Language:English
Published: Wiley 2013-01-01
Series:The Scientific World Journal
Online Access:http://dx.doi.org/10.1155/2013/594587
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