Coincident, leading and recession indexes for the Lithuanian economy Cover Image

Coincident, leading and recession indexes for the Lithuanian economy
Coincident, leading and recession indexes for the Lithuanian economy

Author(s): Agne Reklaite
Subject(s): Economy
Published by: BICEPS/SSE Riga

Summary/Abstract: In this paper coincident and leading economic indicators are analysed and used to construct coincident, leading and recession indexes for the Lithuanian economy by applying Stock and Watson (1989) methodology. Coincident and leading indexes describe the dynamics of the Lithuanian economy fairly well. The recession index accurately predicts periods of economic contraction.

  • Issue Year: 11/2011
  • Issue No: 1
  • Page Range: 92-108
  • Page Count: 17
  • Language: English
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