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Following an extensive reevaluation of existing indicators included in The Conference Board Leading Economic Index® for The United States, we propose a comprehensive revision of the composite index. In this paper we present the case for replacing three of the components and making a minor...
Persistent link: https://www.econbiz.de/10013112924
Financial indicators such as yield curves and stock prices have been extensively used as leading indicators of economic activity due to their forward looking content. Indeed, the Leading Economic Index (LEI) for the United States, a widely used forecasting tool for business cycle turning points,...
Persistent link: https://www.econbiz.de/10013112939
This paper reviews existing innovation metrics at the company-level and country-level, and proposes a system of signposts of innovation to help executives with a guiding framework and data resources for evaluating and planning innovation strategies and activities. The scope of the review is...
Persistent link: https://www.econbiz.de/10012956108
This paper looks at the patterns of causation between income, export, import, and investment growth for 25 developing countries. Our approach differs from previous efforts in a number of ways. First, we examine each country individually in order to allow for complete heterogeneity and properly...
Persistent link: https://www.econbiz.de/10013235872
In this paper we identify a unique series of recurring stale information releases and show that the aggregate markets respond to its release. The macroeconomic series -- the U.S. Index of Leading Economic Indicators (LEI) -- is released monthly and constructed as a summary statistic of...
Persistent link: https://www.econbiz.de/10012756663