Productivity statistics garner much attention because they are key indicators of economic progress. This paper reports on the average growth in provincial labour productivity from 1997 to 2005. It examines how medium-term differences in productivity growth have affected the relative levels of...

The connection between strategic change and managerial turnover is studied within a model where managers decide on a firm's strategy. Managers as well as firm owners care for the long-term success of a company, but managers are also interested in their own reputation. Due to reputational...

The deviation cycles in the manufacturing industry of nine OECD-countries are identified by applying the Christiano-Fitzgerald band-pass filter. Turning points, low- and high-growth phases and other descriptive statistics are derived from these deviation cycles. A regression based test statistic...

Consumer sentiment surveys are regularly conducted in at least forty-five countries. The surveys are based on the premise that data on consumer expectations represent a leading indicator of future changes in the macro economy. A series of Granger causality tests indicated that measures of...

This paper assesses the leading indicator properties of the Economic Sentiment Indicator (ESI) of the European Commission, as well as two of its subcomponents, for industrial production growth. For this purpose we perform correlation analysis, Granger causality tests, an assessment on the...

In this paper we provide an overview of recent developments in the methodology for the construction of composite coincident and leading indexes, and apply them to the UK. In particular, we evaluate the relative merits of factor based models and Markov switching specifications for the...

Les statistiques sur la productivite suscitent beaucoup d'attention parce qu'elles constituent des indicateurs cles des progres economiques. Le present document rend compte de la croissance moyenne de la productivite du travail au niveau provincial, de 1997 a 2005. Il montre comment les...