Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/66615 
Year of Publication: 
2012
Citation: 
[Journal:] International Journal of Economic Sciences and Applied Research [ISSN:] 1791-3373 [Volume:] 5 [Issue:] 2 [Publisher:] Kavala Institute of Technology [Place:] Kavala [Year:] 2012 [Pages:] 101-111
Publisher: 
Kavala Institute of Technology, Kavala
Abstract: 
The paper presents the creation of a new composite coincident monthly indicator for Bulgaria. The Bry-Boschan method is used to determine the turning points for the Bulgarian business cycle for the 2000-2011 period. A new composite leading indicator is also created and tested. The paper finds that the latest recession for Bulgaria had started in June 2007 and was still continuing by March 2011. The national business cycle was lagging the Euro Area cycle before 2007 and was early after that.
Subjects: 
business cycle
coincident
leading
indicator
JEL: 
E32
Document Type: 
Article

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