Abstract
In this paper, we provide a compressive analysis of business cycle characteristics across a large set of countries in the MENA region. Contrary to the majority of the papers on business cycles synchronization across the MENA region countries, we concentrate on the appearance of the cycle, not on its synchronization. We use robust methods that are not based on ad hoc filtering or parametric methods. Our findings suggest that important differences exist in the business cycle characteristics of the MENA region economies. We find evidence against a common reference cycle for a group of countries. Although the business cycle characteristics show some similarities among some small number of countries, overall the business cycle characteristics across the MENA countries are dissimilar.
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