Probabilistic coincident indicators of the classical and growth cycles for the major euro area's member countries : a multivariate Markov-switching modelling approach : 2016 edition

This paper extends the methodology for a simultaneous detecting of business and growth cycle, already developed for the euro area, to its major member countries. The best performing indicators for each country are identified through a simulation exercise. An indirect pair of turning point detection indicators for the business and growth cycles of the euro area is also derived as a weighted average of the national ones.

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Alternative title:	Probabilistic coincident indicators of the classical and growth cycles
Year of publication:	2016 ; 2016 edition
Other Persons:	Carati, Leonardo (contributor) ; Billio, Monica (contributor) ; Ferrara, Laurent (contributor) ; Mazzi, Gian Luigi (contributor) ; Ruggeri Cannata, Rosa (contributor)
Institutions:	European Commission / Statistical Office of the European Union (issuing body)
Publisher:	Luxembourg : Publications Office
Subject:	Eurozone \| Euro area \| Wirtschaftsindikator \| Economic indicator \| Konjunktur \| Business cycle \| Markov-Kette \| Markov chain \| Zeitreihenanalyse \| Time series analysis \| EU-Staaten \| EU countries

Extent:	1 Online-Ressource (66 p.) Illustrationen (farbig)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Bibl. : p. 46
ISBN:	978-92-79-62180-2
Other identifiers:	10.2785/430652 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015293213