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Working Papers N°99: Un Indicador Líder del Imacec

Autor: Héctor F. Bravo , Helmut Franken


Description

This paper proposes a leading indicator for economic activity in Chile as a satellite model for short run forecasting purposes. A methodology to identify series that anticipate economic activity is presented in the first place. Then, some alternative leading indicators are constructed and evaluated. Among these indicators, we select the one that is most successful in terms of signaling business cycles turnovers.

 
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