International Statistical Review

A Coincident Index for the State of the Economy

Fabio H. Nieto

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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.

Article information

Source
Internat. Statist. Rev., Volume 72, Number 3 (2004), 355-376.

Dates
First available in Project Euclid: 8 December 2004

Permanent link to this document
https://projecteuclid.org/euclid.isr/1102516477

Keywords
Benchmarking Coincident index Consistency tests Disaggregation Ex post and ex ante prediction Structural change

Citation

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


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