01671cas a2200253 a 4500 AALejournalIMF014077 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475540642 1018-5941 BD-DhAAL BD-DhAAL Ho, Giang. A Financial Conditions Index for Poland / Giang Ho, Yinqiu Lu. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (16 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 This paper constructs a financial conditions index for Poland to explore the link between financial conditions and real economic activity. The index in constructed by applying two complementary approaches-factor analysis and vector auto-regression approach. We evaluate the index's forecasting performance against a composite leading indicator developed by the OECD. We found that the FCI is highly correlated with GDP growth, attesting to the importance of financial sector in Poland's economy. In-sample and out-of-sample forecasting exercises indicate that the FCI can outperform the CLI in predicting near-term GDP growth. Mode of access: Internet Lu, Yinqiu. IMF Working Papers; Working Paper ; No. 2013/252 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/252/001.2013.issue-252-en.xml IMF e-Library