Object

Title: The Use of Barometers in Forecasting Changes in the Banking Market Situation

Title in english:

Zastosowanie barometrów koniunktury w przewidywaniu zmian sytuacji na rynku bankowym

Creator:

Garczarczyk, Józef ; Skikiewicz, Robert

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 91, s. 43-58

Abstrakt:

Barometers, constructed for almost a century as composite indicators on the basis of variables which exhibit leading features, are commonly used to determine the direction of the future changes in the whole economy or its sectors. In relation to the immense importance of the banking sector for the functioning of the whole economy, the forecasting of the changes in the banking market assumes a particular importance. The barometers presented in the article constructed for two most important elements from the banking market, namely PLN deposits and PLN loans allow for accurate forecasting of the occurrence of the turning points in the business cycle. Composite leading indicators constructed for both referential variables maintained, in a majority of cases, good forecasting characteristics and signalled almost all turning points in the cycle of PLN loans and PLN deposits. This confirms the usefulness of the method applied for forecasting the development of the market of banking services.

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Resource Identifier:

oai:dbc.wroc.pl:121860

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 91 ; Econometrics, vol. 28

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

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