derived using any index or linear combination of the proxies that is created prior to the regression. To use an index created …. This procedure is also much more robust than ad hoc index construction to departures from the assumption of an underlying …

and services comparable across areas, is a difficult task. In this paper we attempt to construct a cost-of-living index …

In this paper we develop an index for comparing the cost of doing business across several metropolitan areas in the U ….S. Such indices can be used as leading indicators of metropolitan economic growth. To create the index, we first identify …-based and pooled techniques to derive such an index. The index's variance decreases as the time horizon for which it is used …

index. The governance index is computed as the weighted average of principal components of the standardized governance … therefore estimate the governance index on the basis of five indicators, such as crime rates, riots, industrial disputes and … strikes, Gini index, and debt-income ratio. Then we propose to explore whether the quality of governance determines …

constructed for any market: the indices are computed from the price time series. In the foreign exchange (FX) market, each index … is associated with a currency pair and an index per currency and an index for the whole market are derived from it. …

Differences in asset measurement techniques can have a major impact on reported capital costs. Their influence on total … that different methods of asset measurement could lead to quite large variations in reported capital costs. Considered in … the context of total unit costs, however, the differences created by these asset measurement effects were relatively small …

money stock, our economic stock of money nests Rotemberg, Driscoll, and Poterba’s (1995) currency equivalent index as a … autoregressive model. We find the resulting capital-stock growth-rate index to be surprisingly robust to the modeling of expectations. …