ATABEK, ASLIHAN; COSAR, EVREN ERDOGAN; SAHINÖZ, SAYGIN - In: Emerging Markets Finance and Trade 41 (2005) 1, pp. 45-64
The aim of this paper is to construct a composite leading indicator (CLI) for Turkish economic activity that would crucially provide earlier signals of turning points between economic expansions and slowdowns. First, for this analysis, the index of industrial production is selected as an...