A Real Time Coincident Indicator of the Euro Area Business Cycle PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download A Real Time Coincident Indicator of the Euro Area Business Cycle PDF full book. Access full book title A Real Time Coincident Indicator of the Euro Area Business Cycle by Filippo Altissimo. Download full books in PDF and EPUB format.
Author: Filippo Altissimo
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 60
Get Book Here
Book Description
Author: Filippo Altissimo
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 60
Get Book Here
Book Description
Author: Filippo Altissimo
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 68
Get Book Here
Book Description
Author: João Valle e Azevedo
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
Get Book Here
Book Description
Author: Alberto Baffigi
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 60
Get Book Here
Book Description
Author: David J. Powell
Publisher: John Wiley & Sons
ISBN: 1118440048
Category : Business & Economics
Languages : en
Pages : 202
Get Book Here
Book Description
The euro area remains in a state of flux and appears to be unsustainable in its present form. The outcome of the crisis may be unknown for years and a judgement on the project’s success or failure may be out of reach for decades. In the meantime, analysts, portfolio managers and traders will still have daily, weekly, quarterly and annual benchmarks. They will have to analyze economic developments in the euro area and their impacts on financial assets. The objective of this book is to provide a framework for that analysis that is comprehensible to most financial market participants. The book begins with a focus on coincident and leading economic indicators for the euro area. The following section looks at euro-area institutions. The next chapter focuses on the euro crisis. It attempts to provide an explanation of its origins and a glimpse of the potential outcomes. In addition, the tools needed to analyze the crisis as it evolves are presented. The last sections provide information unique to the economies of Germany, France, the U.K., Switzerland, Sweden and Norway.
Author:
Publisher:
ISBN: 9789289468565
Category :
Languages : en
Pages :
Get Book Here
Book Description
The paper proposes a new coincident index of business cycle for the Euro Area. The methodology we follow extends the proposal by Mariano and Murasawa (2002), which moves from the Stock andWatson probability approach and combines a set of monthly indicators with the quarterly real GDP. Nevertheless, our set-up is formulated in the levels instead of first differences of the representative series, modelling the logarithms like the original proposals. In this respect, the non-linear state space form for the treatment of temporal aggregation is developed. The application is carried out first to the well known US dataset, comparing our results with the estimates coming from the original proposals and then to the Euro Area. For the latter we use the OECD database for the quarterly series of GDP and total employment, along with the monthly industrial production and retail sales indexes. Finally, for both the applications we derive a monthly estimate of GDP.
Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
ISBN: 1898128839
Category : Business cycles
Languages : en
Pages : 103
Get Book Here
Book Description
Author: Filippo Altissimo
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Filippo Altissimo
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 68
Get Book Here
Book Description
Author: Alberto Alesina
Publisher: University of Chicago Press
ISBN: 0226012859
Category : Business & Economics
Languages : en
Pages : 477
Get Book Here
Book Description
It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.
