Abstract
In this paper, a methodology is developed for designing a coincident index for the so-called state of the economy. Based on this index, statistical tests are deduced for checking structural changes in the economy and consistency of pre-established economic goals for the short term with past and present observed information. The approach can also be considered as a new solution for the ex post (benchmarking, disaggregation) and ex ante (extrapolation) prediction problems.
Citation
Fabio H. Nieto. "A Coincident Index for the State of the Economy." Internat. Statist. Rev. 72 (3) 355 - 376, dec 2004.
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