Add to ORKGWe consider the use of indices of leading indicators in forecasting and macroeconomic modelling. The procedures used to select the components and construct the indices are examined, noting that the composition of indicator systems gets altered frequently. Cointegration within the indices, and between their components and macroeconomic variables are considered as well as the role of cobreaking to mitigate regime shifts. Issues of model choice and data-based restrictions are investigated. A framework is proposed for index analysis and selecting indices, and applied to the UK longer-leading indicator. The effects of adding leading indicators to macro models are considered theoretically and for UK data
In this paper we evaluate the relative merits of three alternative approaches to information extract...
The index of leading economic indicators first developed by the NBER remains a popular informal fore...
Different studies provide a surprisingly large variety of controver-sial conclusions about the forec...
In this chapter we provide a guide for the construction, use and evaluation of leading indicators, a...
There are two main approaches to business cycle forecasting: (a) sctructural approach (econometric m...
Economic cycle is defined as the fluctuation of an economy via expansion and contraction periods, in...
In this paper we evaluate the role of a set of variables as leading indicators for Euro-area inflati...
In this Paper we evaluate the role of a set of variables as leading indicators for Euro-area inflati...
The purpose of this paper is two-fold. First, we compare the accuracy of previous studies that analy...
This paper demonstrates that the Conference Board's Composite Leading Index (CLI) has significant re...
This paper examines the information available through leading indicators for modelling and forecasti...
In this paper, we evaluate the relative merits of three alternative approaches to extracting informa...
In this paper we evaluate the relative merits of three approaches to information extraction from a l...
textabstractA new method of leading index construction is proposed, which explicitly takes into acco...
When an econometric model coincides with the mechanism generating the data in an unchanging world, t...
In this paper we evaluate the relative merits of three alternative approaches to information extract...
The index of leading economic indicators first developed by the NBER remains a popular informal fore...
Different studies provide a surprisingly large variety of controver-sial conclusions about the forec...
In this chapter we provide a guide for the construction, use and evaluation of leading indicators, a...
There are two main approaches to business cycle forecasting: (a) sctructural approach (econometric m...
Economic cycle is defined as the fluctuation of an economy via expansion and contraction periods, in...
In this paper we evaluate the role of a set of variables as leading indicators for Euro-area inflati...
In this Paper we evaluate the role of a set of variables as leading indicators for Euro-area inflati...
The purpose of this paper is two-fold. First, we compare the accuracy of previous studies that analy...
This paper demonstrates that the Conference Board's Composite Leading Index (CLI) has significant re...
This paper examines the information available through leading indicators for modelling and forecasti...
In this paper, we evaluate the relative merits of three alternative approaches to extracting informa...
In this paper we evaluate the relative merits of three approaches to information extraction from a l...
textabstractA new method of leading index construction is proposed, which explicitly takes into acco...
When an econometric model coincides with the mechanism generating the data in an unchanging world, t...
In this paper we evaluate the relative merits of three alternative approaches to information extract...
The index of leading economic indicators first developed by the NBER remains a popular informal fore...
Different studies provide a surprisingly large variety of controver-sial conclusions about the forec...