Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2004 | nr 74 | 75--82
Tytuł artykułu

Leading Indicators in Historical Perspective

Warianty tytułu
Języki publikacji
Business cycle indicators are based on business cycle theory that focuses on substantially "uniform sequences in economic activity". These sequences, in turn, are revealed in statistical time series of the indicators that typically lead, coincide, or lag the business cycle. It is the recurrence of these temporal relationships, anticipating, reflecting, and confirming the impact of the cycle on the economy, that give indicators their theoretical explanation, as well as their potential forecasting usefulness. One can gain a good deal of insight into the relationship between business cycle indicators and the macro-economy by examining with some care the changes which have been made by the successive revisions of the short list of most reliable indicators. First, the lists, together with some explanation of the changes they reveal, will be presented. Then, the significance of these changes will be assessed, in light of the nature of business fluctuations in a modern market-oriented economy. (fragment of text)
  • Bureau of Economic Analysis. 1977. Handbook of Cyclical Indicators. Washington: U. S. Department of Commerce.
  • The Conference Board. 1996. Business Cycle Indicators.
  • Hertzberg M.P., Beckman B.A., 1989. "Business Cycle Indicators: Revised Composite Indexes". Business Conditions Digest, January.
  • Klein P. A., 1971. "The Cyclical Timing of Consumer Credit, 1920-1967". Occasional Paper 113 (New York: NBER).
  • Mitchell W.C., Burns A.F., 1938. "Statistical Indicators of Cyclical Revivals". NBER Bulletin 69. New York: NBER. Reprinted in: G.H. Moore (ed.), Business Cycle Indicators, vol. 1, 1961, Princeton: NBER.
  • National Bureau of Economic Research. 1961. 41st Annual Report.
  • Zarnowitz V., Boschan C., 1975. Cyclical Indicators: An Evaluation and New Leading Indicators. "Business Conditions Digest", May 1975. Reprinted in: Handbook of Cyclical Indicators, 1977, Washington: Bureau of Economic Analysis.
Typ dokumentu
Identyfikator YADDA

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.