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The KOF Globalisation Index : revisited
Gygli, Savina; Haelg, Florian; Potrafke, Niklas; Sturm, … - 2018
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 … along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic …
Persistent link: https://www.econbiz.de/10011954444
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A pair-wise approach to testing for output and growth convergence
Pesaran, M. Hashem (contributor) - 2004
to output series in the Penn World Tables over 1950-2000, as well as to Maddions̕ historical series over 1870 …
Persistent link: https://www.econbiz.de/10002520210
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Economic analysis and forecasting in the global economy and in emerging and developing regions including Africa : how informative is the Ifo World Economic Survey (WES)?
Garnitz, Johanna; Leibfritz, Willi - 2016
Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more … partly, be filled by the Ifo World Economic Survey (WES). In this paper we first describe this survey and also examine how …
Persistent link: https://www.econbiz.de/10011547810
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Measuring global real economic activity : do recent critiques hold up to scrutiny?
Kilian, Lutz - 2019
Hamilton (2018) suggests that the Kilian (2009) index of global real economic activity is misleading and calls for alternative measures. The problem documented by Hamilton is a consequence of a coding mistake. Specifically, the index of nominal freight rates underlying the Kilian index was...
Persistent link: https://www.econbiz.de/10011958840
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It's a big world after all
Brakman, Steven (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003496820
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Does the Euro-zone diverge? : a stress indicator for analyzing trends and cycles in real GDP and inflation
Flaig, Gebhard (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003496544
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Metrics capturing the degree to which individual economies are globalized
Riezman, Raymond Glenn (contributor);  … - 2005
We discuss metrics of globalization for individual economies as distance measures between fully integrated and trade … be used to construct country globalization metrics reflecting the distance of economies from full global integration due …
Persistent link: https://www.econbiz.de/10002757524
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Stock market integration in Asia : global or regional? : evidence from industry level panel convergence tests
Caporale, Guglielmo Maria; You, Kefei - 2017
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate (industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised as follows. In the pre-2008 crisis period, no...
Persistent link: https://www.econbiz.de/10011658042
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Forecasting GDP all over the world using leading indicators based on comprehensive survey data
Garnitz, Johanna; Lehmann, Robert; Wohlrabe, Klaus - 2019
, we use a free and instantaneous available source of leading indicators, the ifo World Economic Survey (WES), to forecast …
Persistent link: https://www.econbiz.de/10012026466
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Foreign aid and domestic absorption
Temple, Jonathan; Van de Sijpe, Nicolas - 2014
We introduce a new "supply-push" instrument for foreign aid, to be used together with an instrumental variable estimator that filters out unobserved common factors. We use this instrument to study the effects of aid on macroeconomic ratios, and especially the ratios of consumption, investment,...
Persistent link: https://www.econbiz.de/10010417985