Date of Award
1-1-2008
Document Type
Masters Thesis
Degree Name
M.A.
Organizational Unit
College of Arts Humanities and Social Sciences
First Advisor
Tracy Mott, Ph.D.
Second Advisor
Robert Urquhart
Third Advisor
Kathy Freeman
Fourth Advisor
Susan Schulten
Keywords
Conference board, Economic indicators, Leading index, Leading indicators, Philip Klein, Victor Zarnowtiz
Abstract
The following work is a look into the history and value of the composite index of leading indicators. Current and past business cycle theory is explored to demonstrate the relevance of a tool like the composite index of leading indicators. An argument that business cycle theory has not proven sufficient in explaining changes in the direction of the economy is made. The notion that the composite leading index has a proven track record of successfully predicting movements in the economy is reviewed. The conclusion becomes the idea that since theory and its forecasting counterparts have not proven a reliable method to predict movements in the economy, a tool like the composite leading index is valuable.
Publication Statement
Copyright is held by the author. User is responsible for all copyright compliance.
Rights Holder
Seth Morgan
Provenance
Received from ProQuest
File Format
application/pdf
Language
en
File Size
62 p.
Recommended Citation
Morgan, Seth A., "Continuing the Great Debate: The Intrinsic Value of the Leading Index" (2008). Electronic Theses and Dissertations. 450.
https://digitalcommons.du.edu/etd/450
Copyright date
2008
Discipline
Economic theory, Economics, Economics, Commerce-Business