The value of the US dollar is of major importance to the world economy. Global liquidity has grown sharply in recent …

In this paper we propose a new indicator of monthly global real economic activity, named world steel production. We use … world steel production, OECD industrial production index and Kilian's rea index to forecast world real GDP, and key … commodity prices. We find that world steel production generates large statistically significant gains in forecasting world real …

smaller. Trade uncertainty has no significant effect on income inequality in countries that are world leaders in education …