International Statistical Review
- Internat. Statist. Rev.
- Volume 72, Number 3 (2004), 355-376.
A Coincident Index for the State of the Economy
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.
Internat. Statist. Rev., Volume 72, Number 3 (2004), 355-376.
First available in Project Euclid: 8 December 2004
Permanent link to this document
Nieto, Fabio H. A Coincident Index for the State of the Economy. Internat. Statist. Rev. 72 (2004), no. 3, 355--376. https://projecteuclid.org/euclid.isr/1102516477