About a Coincident Index for the State of the Economy

Borradores de Economia
Número: 
194
Publicado: 
Clasificación JEL: 
C51, C82, E32
Palabras clave: 
State, economy

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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