01654nam a2200289 a 4500 1/51326 051115s2006 be u pdd 0 a0gre d 1016-8060 (print) 1725-3187 (online) ECFIN/A/3/REP/56011-EN 33207 GR-PeUP eng ΚΕΤ Αλφαβητική σειρά Gayer, Christian. Using factor models to construct composite indicators from BCS Data : a comparison with European Commission Confidence Indicators / Gayer Christian, Genet Julien Brussels- Belgium: European Comission: Directorate-General for Economic and Financial Affairs, 2006 50 σ.: πιν. 30 εκ. European Economy. Economic papers ; Economic Papers This paper compares different approaches to constructing composite business cycle indicators based on series from the Joint Harmonised EU Programme of Business and Consumer Surveys (BCS). The currently computed Confidence Indicators are used as benchmarks in gauging four different factor-analytic methods to extract sectoral business cycle indicators. Improvements in tracking performance are mainly found on individual country level. Genet, Julien. European Commission : Directorate-General for Economic and Financial Affairs. Economic Papers January 2006, No 240 European Economy. Economic papers ; 240 INST UNIPILB KET 20090310 EEEP 240 EEEP 240 NOLOAN 23 1 http://ec.europa.eu/economy_finance/publications/publication_summary860_en.htm