Statistics Working Paper N. 49 - 2012/5 - We estimate the business-cycles of G7 countries, as defined by an ideal 2-10 year bandpass filter applied to country-specific GDP target series (GDP-BP). The paper shows that efficiency gains by the Multivariate Direct Filter Approach (MDFA)over HP are substantial along the full revision-sequence and they are consistent across countries as well as over time, when referenced against GDP-BP.
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Report on the Comparison of the Hodrick-Prescott Filter and the Multivariate Direct Filter Approach in Composite Leading Indicators Construction - A case for G7 Countries
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Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend continue to point to divergence between economies.
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to regained momentum in the OECD area but with divergence between economies.
Composite leading indicators (CLIs) continue to point to a positive change in momentum in the OECD as a whole but with some divergence between major economies.
The OECD Business Cycle Clock has been designed to better visualize business cycles - fluctuations of economic activity around their long term potential level - and how some key economic indicators interact with the business cycle.
Composite Leading Indicators (CLIs) continue pointing to a positive change in momentum in the OECD as a whole..
Composite leading indicators (CLIs) point to a positive change in momentum for the OECD as a whole, driven primarily by the United States and Japan, but similar signs are beginning to emerge in a number of other developed economies.
Main Economic Indicators: Electronically available national practices for individual OECD member countries - Updated in real time.