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.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Burns, A.F., and W.G. Mitchell. 1946. Measuring business cycles. New York: Columbia University Press.
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Blanchard, O.J. (2018). Leads and Lags. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1194
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_1194
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences