key differences in the pricing mechanism that applies to residential vs. non-residential real estate investment trusts …

a new indicator, named World steel production, and compare it to other existing indicators, precisely the Kilian's index … of global real economic activity and the index of OECD World industrial production. We develop an econometric approach … based on desirable econometric properties in relation to the quarterly measure of World or global gross domestic product to …

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 …