Dresse, Luc; Nieuwenhuyze, Christophe Van - Nationale Bank van België/Banque national de Belqique (BNB) - 2008
This paper uses a frequency domain approach to gain insight into the correlation between survey indicators and year … (oscillations between 18 and 96 months) and a long-term component. We then calculate how much of the variation of the survey series … of the correlation between survey indicators and year-on-year GDP growth at the different frequencies to explain their …