The Use of Financial Spreads As Indicator Variables : Evidence for the U.K. and Germany /

There has been growing interest in the use of financial spreads as advance indicators of real activity and inflation. Empirical evidence is marshalled on a range of spreads when these are used in vector autoregressive models of the UK and German economies. It is found that they do have significant i...

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Detalles Bibliográficos
Autor Principal: Davis, E.
Outros autores: Henry, S.
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/031
Acceso en liña:Full text available on IMF
Descripción
Summary:There has been growing interest in the use of financial spreads as advance indicators of real activity and inflation. Empirical evidence is marshalled on a range of spreads when these are used in vector autoregressive models of the UK and German economies. It is found that they do have significant information, even after allowing for the effects of other influences upon macro-economic activity.
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Descrición Física:1 online resource (28 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students