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Titre Appréhender la conjoncture à l'aide de la méthode de Stock-Watson : une application à l'économie belge
Auteur Bertrand Candelon, Vincent Bodart
Mir@bel Revue Economie et prévision
Numéro no 146, 2000/5
Rubrique / Thématique
Méthodes
Page 141-153
Résumé anglais Understanding the Economy Using the Stock- Watson Method: an Application to the Belgian Economy by Vincent Bodart and Bertrand Candelon In recent studies, Stock and Watson (1989, 1991 and 1993) developed a new methodology for constructing economic indicators. Although this work has made a considerable contribution to business cycle analysis, it has strangely enough rarely been used for empirical applications. In this paper, we apply Stock- Watson' s methodology to Belgium. We show that the synthetic economic indicator obtained has remarkable properties and provides an unmistakably different view of the Belgian business cycle to that found by the more classic economic indicators.
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