01929cas a2200253 a 4500 AALejournalIMF002612 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858440 1018-5941 BD-DhAAL BD-DhAAL Mongardini, Joannes. Estimating Indexes of Coincident and Leading Indicators : An Application to Jordan / Joannes Mongardini, Tahsin Saadi-Sedik. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The analysis of coincident and leading indicators can help policymakers gauge the short-term direction of economic activity. While such analysis is well established in advanced economies, it has received relatively little attention in many emerging market and developing economies, reflecting in part the lack of sufficient historical data to determine the reliability of these indicators. This paper presents an econometric approach to deriving composite indexes of coincident and leading indicators for a small open economy, Jordan. The results show that, even with limited monthly observations, it is possible to establish meaningful economic and statistically significant relations between indicators from different sectors of the economy and the present and future direction of economic activity. Mode of access: Internet Saadi-Sedik, Tahsin. IMF Working Papers; Working Paper ; No. 2003/170 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/170/001.2003.issue-170-en.xml IMF e-Library