Popis: |
The main topic of my thesis is the problem of monitoring business cycles. Composite leading indicators are one of the options, how to make this monitoring. In my thesis I am going inside of the process of construction of composite leading indicator. I am comparing the methods of OECD, Eurostat and Conference Board. Special attention is dedicated to the methods of czech institutions as well. These methods are still being evolved and improved, which makes the analysis more difficult. Together with all the information about business cycle and economic policy in Czech republic between 1993-2015. I am judgeing the functionality of leading indicators for the monitoring of business cycle. Method of my analysis is SWOT analysis so the result of this thesis is mentioning of the strengths, weaknesses, opportunities and threaths of the making and application of composite leading indicators. |