Business Cycle Analysis by Means of Economic Surveys, Part 2
This is the second part of a work on business cycle analysis through economic surveys. It examines the stability of leading indicators, the measurement of innovation activities by surveys, consumer surveys, the impact of inflation on business behaviour and new survey activities.
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J P CULLITY G H MOORE
J STUART A MOCKE
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analysis assessment average Bank Banque de France bond issue borrow Budapest building plans passed business cycles business surveys causality changes coincident index companies confidence indicator consumer installment credit consumption correlation countries credit outstanding cyclical Czechoslovakia debt dummy variable Dun & Bradstreet Economic Research empirical employment equation equipment operating estimates European expected explanatory variables exports factors financing firms forecast growth rate hand compared households Hungary impact income increase indicator index industrial production index inflation innovation expenditures Innovation Survey innovative activity interest rates Konjunkturtest labour lagging leading index leading indicators loan Markov chain measures months OECD Osaka economy output percent yes period process innovations product innovations Quantity Surveyors quarter questionnaire reference series regions response sample sector significant statistics structure survey data Table tangible investments technological trend estimation trends turning points U-values University of Stellenbosch