Forecasting Growth of Australian Industrial Output Using Interest Rate Models
نویسندگان
چکیده
منابع مشابه
Forecasting Growth of Australian Industrial Output Using Interest Rate Models
We examine the ability of short rates and yield spreads to forecast the growth in Australian industrial output. We find that since 1990, the short rate has a significant increase in its predictive power for forecasting output growth in many industries. We document this increase. The yield spread, on the other hand, is useful in predicting the growth of industries with a `longer' production cycl...
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ژورنال
عنوان ژورنال: International Business Research
سال: 2009
ISSN: 1913-9012,1913-9004
DOI: 10.5539/ibr.v1n2p19