Measuring the probability of a business
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Stรฉphane Gregoir; Fabrice Lenglart
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Article
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2000
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John Wiley and Sons
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English
โ 384 KB
๐ 2 views
A two-step procedure to produce a statistical measure of the probability of being in an accelerating or decelerating phase of economic activity is proposed. It consists of, ยฎrst, an extraction of the individual linear innovations of a set of relevant macroeconomic variables whose signs are accumulat