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Business Indexes and Survey Data for Forecast

In: Macroeconometric Modeling Of Japan

Author

Listed:
  • Yuji Shimanaka

    (Business Cycle Research, Japan and Mitsubishi UFJ Securities, Japan and Waseda University, Japan)

  • Tatsushi Shikano

    (Waseda University, Japan)

Abstract

The following sections are included:IntroductionThe Criteria to Recognize Economic ConditionsThe business indexes, GDP statistics, and the BOJ TankanSchumpeter's approach and the BOJ's TankanMomentary wind velocity and the GDP growth ratePredicting the economic outlook by the direction of changeMonthly surveys — Reuters, economy watchers, and the consumer confidenceThe Use of Leading Indexes — MUS Leading IndexThe history of Japan's business indexesThe MUS Leading Index (MUS-LI) for the Japanese economyThe performance of the MUS-LI for the Japanese economyThe merits and demerits of forecasts using leading indexesReferences

Suggested Citation

  • Yuji Shimanaka & Tatsushi Shikano, 2010. "Business Indexes and Survey Data for Forecast," World Scientific Book Chapters, in: Shinichi Ichimura & Lawrence R Klein (ed.), Macroeconometric Modeling Of Japan, chapter 4, pages 79-105, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812834621_0004
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