Should we really care about Building Business Cycle Coincident Indicators

A.W. Hecq

doi:10.1080/1350485042000338608

Should we really care about Building Business Cycle Coincident Indicators

A.W. Hecq^*

^*Corresponding author for this work

Quantitative Economics

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

Quite often, the goal of the game when developing new coincident indexes of the economic activity is the comparison with nber turning points. Using monte carlo simulations, this note illustrates that for the usa, any random linear combination of the four coincident variables would do the job as good as other more complicated methods.

Original language	English
Pages (from-to)	141-144
Journal	Applied Economics Letters
Volume	3
DOIs	https://doi.org/10.1080/1350485042000338608
Publication status	Published - 1 Jan 2005

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10.1080/1350485042000338608

Cite this

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