Introducing the Agents' Scores

7 Pages Posted: 14 Dec 2005

See all articles by Colin Ellis

Colin Ellis

Hult International Business School (London)

Abstract

Each month, the Bank's twelve Agents make quantitative assessments of economic conditions as seen from their respective countries and regions. These scores provide numerical measures of the intelligence that the Agents gather from month to month, and cover some areas of the economy where there are no official statistics. The scores are also timely and some have a high correlation with subsequently published ONS data. As such, they can be useful indicators of the current economic conjuncture. This article examines the scores that have been used in the regular MPC process since 1997. From January 2006, the scores will be published on the Bank's internet site.

Suggested Citation

Ellis, Colin, Introducing the Agents' Scores. Quarterly Bulletin, Winter 2005, Available at SSRN: https://ssrn.com/abstract=869692

Colin Ellis (Contact Author)

Hult International Business School (London) ( email )

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London, E1 1LD
United Kingdom