Author (Corporate) | European Commission: DG Economic and Financial Affairs |
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Series Title | European Economy: Economic Papers |
Series Details | No.240, January 2006 |
Publication Date | January 2006 |
ISBN | 92-79-01181-2 |
ISSN | 1725-3187 |
EC | KC-AI-06-240-EN-C |
Content Type | Journal | Series | Blog, Report |
This paper compares different approaches to constructing composite business cycle indicators based on series from the Joint Harmonised EU Programme of Business and Consumer Surveys (BCS). The currently computed Confidence Indicators are used as benchmarks in gauging four different factor-analytic methods to extract sectoral business cycle indicators. Improvements in tracking performance are mainly found on individual country level. |
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Source Link | Link to Main Source http://ec.europa.eu/economy_finance/publications/publication_summary860_en.htm |
Countries / Regions | Europe |