It takes the average reader and 34 minutes to read A Coincident Indicator of the Gulf Cooperation Council (GCC) Business Cycle by Abdullah Al-Hassan
Assuming a reading speed of 250 words per minute. Learn more
This paper constructs a coincident indicator for the Gulf Cooperation Council (GCC) area business cycle. The resulting coincident indicator provides a reliable measure of the GCC business cycle; over the last decade, the GCC coincident index and the real GDP growth have moved closely together. Since the indicator is constructed using a small number of common factors, the strong correlation between the indicator and real GDP growth points to a high degree of commonality across GCC economies. The timing and direction of movements in macroeconomic variables are characterized with respect to the coincident indicator. Finally, to obtain a meaningful economic interpretation of the latent factors, their behavior is compared to the observed economic variables.
A Coincident Indicator of the Gulf Cooperation Council (GCC) Business Cycle by Abdullah Al-Hassan is 34 pages long, and a total of 8,636 words.
This makes it 11% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read A Coincident Indicator of the Gulf Cooperation Council (GCC) Business Cycle aloud.
A Coincident Indicator of the Gulf Cooperation Council (GCC) Business Cycle is suitable for students ages 8 and up.
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