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Financial Conditions Indexes for the United States and Euro Area Troy Matheson

Financial Conditions Indexes for the United States and Euro Area

Troy Matheson

Published April 1st 2011
ISBN : 9786613869197
ebook
12 pages
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 About the Book 

Financial conditions indexes are developed for the United States and euro area using a wide range of financial indicators and a dynamic factor model. The financial conditions indexes are shown to be useful for forecasting economic activity and haveMoreFinancial conditions indexes are developed for the United States and euro area using a wide range of financial indicators and a dynamic factor model. The financial conditions indexes are shown to be useful for forecasting economic activity and have good revision properties.