Abstract
The notion that an economic variable leads or lags another variable is an intuitive and simple notion. Nevertheless, it has proven difficult to go from this intuitive notion to a precise, empirically testable, definition.
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Bibliography
Burns, A.F. and Mitchell, W.G. 1946. Measuring Business Cycles. New York: Columbia University Press.
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© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Blanchard, O.J. (1990). Leads and Lags. In: Eatwell, J., Milgate, M., Newman, P. (eds) Econometrics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20570-7_17
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DOI: https://doi.org/10.1007/978-1-349-20570-7_17
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-49543-8
Online ISBN: 978-1-349-20570-7
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