The composite index of leading economic indicators how to make it more timely

A major shortcoming of the U.S. leading index is that it does not use the most recent information for stock prices and yield spreads. The index methodology ignores these data in favor of a time-consistent set of components (i.e., all of the components must refer to the previous month). An alternati...

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Xehetasun bibliografikoak
Egile Nagusiak: McGuckin, Robert H. (Egilea), Ozyildirim, Ataman (Egilea), Zarnowitz, Victor (Egilea)
Formatua: Liburua
Hizkuntza:English
Argitaratua: Cambridge National Bureau of Economic Research 2001.
Saila:NBER working paper series no.8430
Gaiak:
Sarrera elektronikoa:Download full text here