Inklaar, Robert; Jacobs, Jan; Romp, Ward - In: Journal of Business Cycle Measurement and Analysis 2004 (2004) 3, pp. 309-336
Business cycle indexes are used to get a timely and frequent description of the state of the economy and its likely development in the near future. This paper discusses two methods for constructing business cycle indexes, the traditional NBER method and a recently developed dynamic factor model,...
