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Current attitudes toward business cycle indicators in the United States and other countries reveal an interesting contrast. In the OECD countries, and in China, South Africa, and Eastern Europe - diverse countries, indeed - there is rising interest in monitoring business cycle developments by means of the cyclical indicators, particularly the leading indicators. In the United States, on the other hand, where use of indicators originated, a variety of doubts emanate from recent developments in business cycle theory, measurement, and policy. (fragment of text)
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69--74
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Bibliografia
- Klein L.R., 1990. Cyclical Indicators in Econometric Models. [in:] P.A. Klein (ed.), Analyzing Modern Business Cycles: Essays Honoring Geoffrey H. Moore. New York: M. E. Sharpe.
- Mitchell W.C., 1941. Business Cycles and their Causes. Berkeley: University of California Press.
- Moore G.H., Shiskin J., 1967. Indicators of Business Expansions and Contractions. "Occasional Paper" 10 (New York: NBER).
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Bibliografia
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