Paap, R.; Segers, R.; Dijk, D.J.C. van - Erasmus University Rotterdam, Econometric Institute - 2007
model, where economic growth and leading indicators share a common Markov process determining the state, but such that their … monthly US industrial production (IP) and The Conference Board's Composite Index of Leading Indicators (CLI) for the period …Do Leading Indicators Lead Peaks
More Than Troughs?⁄
Richard Paap Rene Segersy Dick van Dijk
Econometric Institute and …