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pricing factors in comparison to the Volatility Index (VIX). The results show that compared to VIX, GSVIs bring less …
Persistent link: https://www.econbiz.de/10012023268
The preliminary evidence in the literature suggests that changes in uncertainty have a role in shaping the U.S. economic cycle. But what is effectively measured by the different available indicators of uncertainty still remains an "uncertain" issue. This paper has two aims: (i) to introduce a...
Persistent link: https://www.econbiz.de/10011705516
This study introduces a monthly coincident indicator for consumption in Germany based on Google Trends data on web search activity. In real-time nowcasting experiments the indicator outperforms common survey-based indicators in predicting consumption. Unlike those indicators, it provides...
Persistent link: https://www.econbiz.de/10011488565
Google Trends have become a popular data source for social science research. We show that for small countries or sub-national regions like U.S. states, underlying sampling noise in Google Trends can be substantial. The data may therefore be unreliable for time series analysis and is furthermore...
Persistent link: https://www.econbiz.de/10012239254
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financial conditions index (CNFCI) to measure the instability of China's financial system. The indices are based on the monthly …In this paper, employing several econometric techniques, the authors construct a financial stress index (CNFSI) and a … data collected from China's inter-bank markets, stock markets, foreign exchange markets and debt markets. Using these two …
Persistent link: https://www.econbiz.de/10011416485
financial conditions index (CNFCI) to measure the instability of China's financial system. The indices are based on the monthly …In this paper, employing several econometric techniques, the authors construct a financial stress index (CNFSI) and a … data collected from China's inter-bank markets, stock markets, foreign exchange markets and debt markets. Using these two …
Persistent link: https://www.econbiz.de/10011502689