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New Economic Indicators for Australia, 1949-84

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  • Ernst. A. Boehm
  • Geoffrey H. Moore
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    Abstract

    This article attempts to identify and describe the main characteristics of Australia'a business cycles during the period 1949 to 7984 with the aid of leading, coincident, and lagging indicators, using the methodology of the International Economic lndicator project at the Center for lnternational Business Cycle Research, Columbia University, New York.The methodology to identify Australia's classical cycle and growth cycle chronologies is discussed. Reviews are made of the lead-lag patterns of, first, both chronologies in relation to the specific cycles of the individual coincident indicators, and second, the growth chronology in relation to the leading and lagging indicators.Australia's growth cycle chronology is compared with the chronology of other countries, notably of United States, United Kingdom, and Japan. The general uses of an indicator analysis are reviewed. An appendix compares the reference cycle chronologies previously available for Australia and the indicators used to obtain them. Copyright 1984 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research.

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    Bibliographic Info

    Article provided by The University of Melbourne, Melbourne Institute of Applied Economic and Social Research in its journal Australian Economic Review.

    Volume (Year): 17 (1984)
    Issue (Month): 4 ()
    Pages: 34-56

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    Handle: RePEc:bla:ausecr:v:17:y:1984:i:4:p:34-56

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    Cited by:
    1. Roland G. Shami & Catherine S. Forbes, 2002. "Non-linear Modelling of the Australian Business Cycle using a Leading Indicator," Monash Econometrics and Business Statistics Working Papers 5/02, Monash University, Department of Econometrics and Business Statistics.

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