A Bayesian statistical method to detect turning points in the leading composite index is introduced. Under the assumption of causal priority of the leading composite index to the business cycle, the turning points in business cycles are predicted by detection of them in the index. The underlying pro
Forecasting industrial production and the early detection of turning points
β Scribed by Giancarlo Bruno; Claudio Lupi
- Book ID
- 105855455
- Publisher
- Springer-Verlag
- Year
- 2004
- Tongue
- English
- Weight
- 367 KB
- Volume
- 29
- Category
- Article
- ISSN
- 0377-7332
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