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Estimating Indexes of Coincident and Leading Indicators :, An Application to Jordan

The analysis of coincident and leading indicators can help policymakers gauge the short-term direction of economic activity. While such analysis is well established in advanced economies, it has received relatively little attention in many emerging market and developing economies, reflecting in part the lack of sufficient historical data to determine the reliability of these indicators. This paper presents an econometric approach to deriving composite indexes of coincident and leading indicators for a small open economy, Jordan. The results show that, even with limited monthly observations, it is possible to establish meaningful economic and statistically significant relations between indicators from different sectors of the economy and the present and future direction of economic activity
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. LITERATURE ON COINCIDENT AND LEADING INDICATORS""; ""III. JORDAN�S ECONOMIC PERFORMANCE SINCE THE LATE 1980S""; ""IV. THE ESTIMATION OF A COMPOSITE INDEX OF COINCIDENT INDICATORS""; ""V. THE ESTIMATION OF A COMPOSITE INDEX OF LEADING ECONOMIC INDICATORS""; ""VI. CONCLUSIONS""; ""Appendix I. U.S. Leading, Coincident, and Lagging Economic Indicators""; ""Appendix II. Classical Business Cycle versus Growth Cycles Approaches to Estimating Coincident and Leading Indicators""; ""Appendix III. Definition and Sources of Variables""
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (33 p.)
Specific Material Designation
Form Of Item

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