New composite indicators for Bulgarian business cycle
Part of : International journal of economic sciences and applied research ; Vol.5, No.2, 2012, pages 101-111
Issue:
Pages:
101-111
Author:
Abstract:
The paper presents the creation of a new composite coincident monthly indicator for Bulgaria. The Bry-Boschan method is used to determine the turning points for the Bulgarian business cycle for the 2000-2011period. A new composite leading indicator is also created and tested. The paper finds that the latest recession for Bulgaria had started in June 2007 and was still continuing by March 2011. The national business cycle was lagging the Euro Area cycle before 2007 and was early after that.
Subject (LC):
Keywords:
business cycle, coincident, leading, indicator
Notes:
Περιέχει διαγράμματα, πίνακες και βιβλιογραφία
References (1):
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