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Un Indicador Líder del IMACEC

Author

Listed:
  • Felipe Bravo
  • Helmut Franken

Abstract

This paper proposes a leading indicator for economic activity in Chile as a satellite model for short run forecasting purposes. A methodology to identify series that anticipate economic activity is presented in the first place. Then, some alternative leading indicators are constructed and evaluated. Among these indicators, we select the one that is most successful in terms of signaling business cycles turnovers.

Suggested Citation

  • Felipe Bravo & Helmut Franken, 2001. "Un Indicador Líder del IMACEC," Working Papers Central Bank of Chile 99, Central Bank of Chile.
    • Handle: RePEc:chb:bcchwp:99
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    File URL: https://www.bcentral.cl/documents/33528/133326/DTBC_99.pdf
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    Cited by:

    1. Deicy J. Cristiano & Manuel D. Hernández & José David Pulido, 2012. "Pronósticos de corto plazo en tiempo real para la actividad económica colombiana," Borradores de Economia 724, Banco de la Republica de Colombia.
    2. Luis Fernando Melo & Fabio Nieto & Mario Ramos V., 2003. "A Leading Index For The Colombian Economic Activity," Borradores de Economia 1920, Banco de la Republica.

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