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This paper proposes an indicator for detecting business cycle turning points involving mixed frequency business survey unbalanced data. It is based on a hidden Markov-switching model and allows for the detection of regime changes in a given economy where information is displayed monthly and/or...
Persistent link: https://www.econbiz.de/10008539961
This working paper aims at assessing the quality and relevance of firms statements about their own « competitiveness » within the French Quarterly Business Survey in goods-producing industries. A higher competitiveness at the individual level is significantly correlated with higher sales,...
Persistent link: https://www.econbiz.de/10009003526