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economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived … from several sub-indices (trade freedom index, financial freedom, labor freedom, business and fiscal freedom index). The … cumulative economic freedom index show us how open and business friendly a country is. The sub-indices show us openness across …
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This paper presents a coincident and a leading composite monthly indicator for the world business cycle - the Global Economic Barometers. Both target the world’s output growth rate cycle. The calculation of these indicators comprises two main stages. The first consists of a variable selection...
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contained in economic announcements. In this article, the authors develop a simple-to-read index of these announcements that … they then use to construct nowcasts. The index tracks whether key economic data have come in stronger, weaker, or as …
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