Performance of the Official Composite Leading Index for Monitoring the Singapore Economy

• Main Author: Chow, Hwee Kwan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 1993
• Subjects: Asian Studies; Growth and Development
• Online Access: https://ink.library.smu.edu.sg/soe_research/488
• Institution: Singapore Management University

This paper attempts to evaluate the performance of an official composite leading index (CLI) which is used for economic forecasting in Singapore. To examine whether the CU or its component leading indicators presage activity over the business cycle, we use bivariate time series techniques. Crossamla...