Business Cycle Research : the Importance of Business Cycle Indicators

• Autorzy: Karl Heinrich Oppenlander
• Języki publikacji: EN

Abstrakty

EN

Business cycle indicators have a valuable informative and complementary function in business cycle research and forecasting. They have also made a considerable contribution to the understanding of business cycles. Whereas economic theory nowadays has largely severed itself from business cycle research and only makes a limited contribution to the explanation of the cyclical phenomena, econometric research is attempting to fill this gap, also by employing the informative strength of business cycle indicators. This is especially evident in the models that use leading indicators for estimating business cycle movements and cyclical turning points. Enterprises, consumers and economic policy makers would all benefit from these models aimed at explaining business cycles and forecasting economic activity. (fragment of text)

Słowa kluczowe

EN

Business cycles; Business cycles theory; Economic indicators; Econometric methodology

PL

Cykl koniunkturalny; Teoria cykli koniunkturalnych; Wskaźniki ekonomiczne; Metody ekonometryczne

• Czasopismo: Prace i Materiały Instytutu Rozwoju Gospodarczego / Szkoła Główna Handlowa
• Rocznik: 2004
• Numer: nr 74 Composite indicators of business activity for macroeconomic analysis
• Strony: 27--41

Twórcy

autor

Karl Heinrich Oppenlander

• University of Munich, Germany

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