Early warning indicator of economic vulnerability

Wong, Shirly Siew-Ling and Puah, Chin-Hong and Shazali, Abu Mansor and Liew, Venus Khim-Sen (2012) Early warning indicator of economic vulnerability. [Working Paper]

[img]
Preview
PDF
Early+warning+indicator+of+economic+vulnerability (1) (1).pdf

Download (144kB) | Preview

Abstract

The initiative to capture the information content behind the rise and fall of the business cycle has popularized the study of leading indicators. Many of the foreign experiences shared by economically advanced countries reveal that the leading indicator approach works well as a short-term forecasting tool. Thus, exploring an indicator-based forecasting tool for business cycle analysis and economic risk monitoring would provide insight into the Malaysian economy as well as that of other emerging countries. By extending the ideology of indicator construction from the US National Bureau of Economic Research (NBER), the present study demonstrated the strong potential of the leading indicator approach to be a good gauge of the business cycle movement in addition to being a practical and functional early warning indicator for economic vulnerability prediction.

Item Type: Working Paper
Uncontrolled Keywords: UNIMAS, Business Cycle, Composite Leading Indicator, Early Warning Indicator, 2012, University Malaysia Sarawak
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User: Karen Kornalius
Date Deposited: 04 Jun 2014 02:39
Last Modified: 04 Aug 2021 03:10
URI: http://ir.unimas.my/id/eprint/3078

Actions (For repository members only: login required)

View Item View Item