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• W2016013402 abstract "A two-step procedure to produce a statistical measure of the probability of being in an accelerating or decelerating phase of economic activity is proposed. It consists of, first, an extraction of the individual linear innovations of a set of relevant macroeconomic variables whose signs are accumulated into a qualitative vector process and, second, of a factor analysis applied to this vector. The factor process is a two-state Markov process of order one whose states are described as favourable and unfavourable. Estimated on French business surveys, this measure appears to be a competitive coincident indicator. Copyright © 2000 John Wiley & Sons, Ltd." @default.
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• W2016013402 modified "2023-09-30" @default.
• W2016013402 title "Measuring the probability of a business cycle turning point by using a multivariate qualitative hidden Markov model" @default.
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• W2016013402 doi "https://doi.org/10.1002/(sici)1099-131x(200003)19:2<81::aid-for734>3.0.co;2-l" @default.
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