Interest Rates as Leading Business Cycle Indicators
The spread between long-term and short-term interest rates is an excellent leading indicator of business-cycle fluctuations in Austria and Germany. A negative spread signals a slowdown in future growth; a positive spread indicates improved growth prospects. This finding may serve to substantially improve the quality of macroeconomic forecasts.
Volume (Year): 65 (1992)
Issue (Month): 5 (May)
|Contact details of provider:|| Postal: Arsenal Object 20, A-1030 Wien|
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
|Order Information:|| Postal: Austrian Institute of Economic Research Publikationsverkauf und Abonnentenbetreuung Arsenal, Objekt 20 A-1030 Vienna/Austria|
When requesting a correction, please mention this item's handle: RePEc:wfo:monber:y:1992:i:5:p:286-290. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz)
If references are entirely missing, you can add them using this form.