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production (IP) in Germany. We obtain three sets of results. First, we show that the sentiment-based ifo index performs best in … predicting the general changes in IP (−0.596, range −1.0 to 1.0, −1.0 being best). The ZEW index is very close (−0.583). In third … place comes, somewhat unexpectedly, the behavioral-based unemployment index (−0.564), and last comes order flow, OF (−0 …
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The availability of copious amounts of data produced by the increasing datification of our society is nowadays deemed an opportunity to produce timely and convenient statistical information. This paper shows the building of economic sentiment indexes from the texts of the most read economic...
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High dimensional composite index makes experts' preferences in setting weights a hard task. In the literature, one of … motivates theoretical reasons to derive the weights of the elementary indicators in a composite index when multiple components …
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The Malmquist Productivity Index (MPI) suggests a convenient way of measuring the productivity change of a given unit …. However, this approach hides a potentially valuable information given by the evolution of productivity over time. In this … productivityt index of 17 OCDE countries, constructed from their GDP, labor and capital stock …
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