Tackling macroeconomic precariousness: The role of the composite leading indicator

The present study explored the possibility of extending the leading indicator framework to establish a composite leading indicator (CLI) for the Cambodian economy. We established the CLI on the basis of a non-parametric approach originated by the National Bureau of Economic Research (NBER). We subje...

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Main Authors: Puah, Chin-Hong, Tan, Wei-tTing, Shazali, Abu Mansor, Wong, Shirly Siew Ling
Format: Article
Language:English
Published: International Information Institute Ltd. 2016
Subjects:
Online Access:http://ir.unimas.my/id/eprint/14085/
http://ir.unimas.my/id/eprint/14085/1/Tackling-macroeconomic-precariousness-The-role-of-the-composite-leading-indicator_2016_Information-%28Japan%29.html
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author Puah, Chin-Hong
Tan, Wei-tTing
Shazali, Abu Mansor
Wong, Shirly Siew Ling
author_facet Puah, Chin-Hong
Tan, Wei-tTing
Shazali, Abu Mansor
Wong, Shirly Siew Ling
author_sort Puah, Chin-Hong
building UNIMAS Institutional Repository
collection Online Access
description The present study explored the possibility of extending the leading indicator framework to establish a composite leading indicator (CLI) for the Cambodian economy. We established the CLI on the basis of a non-parametric approach originated by the National Bureau of Economic Research (NBER). We subjected a great number of macroeconomic series to empirical scrutiny and settled on two prominent leading variables that ultimately molded a remarkable CLI that effectively tracked the precarious ebb and flow of the macroeconomic environment in Cambodia. Of note is that an average lead time of 7 months manifested great potential for CLI to evolve as a pragmatic means of near-term forecasting to prefigure the fluctuating business cycle.
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publishDate 2016
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spelling unimas-140852017-02-17T01:15:53Z http://ir.unimas.my/id/eprint/14085/ Tackling macroeconomic precariousness: The role of the composite leading indicator Puah, Chin-Hong Tan, Wei-tTing Shazali, Abu Mansor Wong, Shirly Siew Ling HB Economic Theory The present study explored the possibility of extending the leading indicator framework to establish a composite leading indicator (CLI) for the Cambodian economy. We established the CLI on the basis of a non-parametric approach originated by the National Bureau of Economic Research (NBER). We subjected a great number of macroeconomic series to empirical scrutiny and settled on two prominent leading variables that ultimately molded a remarkable CLI that effectively tracked the precarious ebb and flow of the macroeconomic environment in Cambodia. Of note is that an average lead time of 7 months manifested great potential for CLI to evolve as a pragmatic means of near-term forecasting to prefigure the fluctuating business cycle. International Information Institute Ltd. 2016-06 Article PeerReviewed text en http://ir.unimas.my/id/eprint/14085/1/Tackling-macroeconomic-precariousness-The-role-of-the-composite-leading-indicator_2016_Information-%28Japan%29.html Puah, Chin-Hong and Tan, Wei-tTing and Shazali, Abu Mansor and Wong, Shirly Siew Ling (2016) Tackling macroeconomic precariousness: The role of the composite leading indicator. Information (Japan), 19 (6B). pp. 2217-2224. ISSN 13434500 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84984839742&partnerID=40&md5=4480d179b40d4777788354abb3843eef International Information Institute Ltd.
spellingShingle HB Economic Theory
Puah, Chin-Hong
Tan, Wei-tTing
Shazali, Abu Mansor
Wong, Shirly Siew Ling
Tackling macroeconomic precariousness: The role of the composite leading indicator
title Tackling macroeconomic precariousness: The role of the composite leading indicator
title_full Tackling macroeconomic precariousness: The role of the composite leading indicator
title_fullStr Tackling macroeconomic precariousness: The role of the composite leading indicator
title_full_unstemmed Tackling macroeconomic precariousness: The role of the composite leading indicator
title_short Tackling macroeconomic precariousness: The role of the composite leading indicator
title_sort tackling macroeconomic precariousness: the role of the composite leading indicator
topic HB Economic Theory
url http://ir.unimas.my/id/eprint/14085/
http://ir.unimas.my/id/eprint/14085/
http://ir.unimas.my/id/eprint/14085/
http://ir.unimas.my/id/eprint/14085/1/Tackling-macroeconomic-precariousness-The-role-of-the-composite-leading-indicator_2016_Information-%28Japan%29.html