Andersson, Eva; Bock, David; Frisén, Marianne - In: Journal of Business Cycle Measurement and Analysis 2004 (2004) 1, pp. 93-108
Methods for continuously monitoring business cycles are compared. A turn in a leading index can be used to predict a turn in the business cycle. Three likelihood based methods for turning point detection are compared in detail by using the theory of statistical surveillance and by simulations....
