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About a Coincident Index for the State of the Economy

Fabio H.
Nieto
Luis Fernando
Melo-Velandia
Sábado, 1 Diciembre 2001

The construction of coincident indexes for the economic activity of a country is a common practice since the fifties. The methodologies vary from heuristic methods to probabilistic or statistical ones. In this paper, we present a new procedure for estimat