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Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more … partly, be filled by the Ifo World Economic Survey (WES). In this paper we first describe this survey and also examine how …
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the financial market (lagged world market portfolio rate of return, dividend yield, bond yield, short-term rate of …
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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 … composite indicator. We analyse the characteristics of the two new indicators in a pseudo real-time setting and demonstrate that …
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