The use of short-term indicators and survey data for predicting turning points in economic activity A performance analysis of the OECD system of CLIs during the Great Recession

After reviewing the main features of the statistics available in the MEI to inform policy makers, this paper discusses the performance of the CLIs during the Great Recession. This performance is assessed using both ex-post and real-time analyses. The analyses evaluate the ability of the OECD CLIs to...

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Detalles Bibliográficos
Autor principal: Astolfi, Roberto (-)
Otros Autores: Gamba, Michela, Guidetti, Emmanuelle, Pionnier, Pierre-Alain
Formato: Capítulo de libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 2016.
Colección:OECD Statistics Working Papers, no.2016/08.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704769006719
Descripción
Sumario:After reviewing the main features of the statistics available in the MEI to inform policy makers, this paper discusses the performance of the CLIs during the Great Recession. This performance is assessed using both ex-post and real-time analyses. The analyses evaluate the ability of the OECD CLIs to anticipate the peak and the subsequent trough of the Great Recession in G7 countries, and the extent to which the initial signal has been maintained over time.
Descripción Física:1 online resource (35 p. )