Binner, J. M.; Bissoondeeal, R. K.; Mullineux, A. W. - In: Applied Economics 37 (2005) 11, pp. 1257-1266
We evaluate the performance of composite leading indicators of turning points of inflation in the Euro area, constructed by combining the techniques of Fourier analysis and Kalman filters with the National Bureau of Economic Research methodology. In addition, the study compares the empirical...