Seyed Mahdi Barakchian - Head of Modeling Group, Monetary and Banking Research Institute,
Majid Einian - Economics Researcher, Monetary and Banking Research Institute,

To verify business cycle forecasting models, they should be checked against historical data on business cycles. There is an official reference to business cycle dating in many countries. In Iran, there is no official or de facto reference for this, and so most of the research papers propose datings for business cycles in Iran and verify their model with those datings, which are not consistant with each other. In this paper we first review the methods used for dating business cycles. Then using a widerange of data on Iran‘s economy, we propose a dating for Iranian business cycles for years 1988 to 2008.

Economy of Iran, Business Cycles, Expansions and Recessions, Dating