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aggregates. Unexpected shocks in LA EPU significantly dampen commercial relationships between Spain and LA countries. Spanish …
Persistent link: https://www.econbiz.de/10012545889
shocks in LA EPU dampen signicantly the commercial relationship between Spain and LA countries. Spanish firms decrease their …
Persistent link: https://www.econbiz.de/10012827183
gather and construct a wide range of proxy indicators of economic and economic policy uncertainty from Spain. We distinguish …
Persistent link: https://www.econbiz.de/10012891227
is applied to a corpus of French-language news to construct a century-long historical EPU index for the Canadian province … of Quebec. The relevance of the index is shown in a macroeconomic nowcasting experiment …
Persistent link: https://www.econbiz.de/10013239723
We develop and make available a new Cryptocurrency Uncertainty Index (UCRY) based on news coverage. Our UCRY Index … (UCRY Policy). We show that the constructed index has distinct movements around major events in cryptocurrency space. We … suggest that this index captures uncertainty beyond Bitcoin, and can be used for academic, policy, and practice …
Persistent link: https://www.econbiz.de/10013239046
An index number is a scalar-valued function of price and perhaps quantity data that supports the assessment of the … state or trend of an economy. Many researchers over the past 250 years have proposed diverse mathematical forms for index … numbers, and discussed criteria for their validity. In this paper we propose an additional criterion for evaluating an index …
Persistent link: https://www.econbiz.de/10013308967
We develop a monthly output index of the U.S. Transportation sector over 1980:1-2002:4 covering air, rail, water, truck … output index matches very well with the annual transportation output figures produced by the Bureau of Labor Statistics (BLS … synchronized with the growth slowdowns rather than full-fledged recessions of the U.S. economy. The index has led the peaks and …
Persistent link: https://www.econbiz.de/10012706332
The Big Mac Index was introduced to (semi-humorously) test the theory of purchasing power parity and measure the … disparity in currency values. Instead, in this paper, we consider this index to find out the per capita real-income disparity …
Persistent link: https://www.econbiz.de/10013055289
Persistent link: https://www.econbiz.de/10011529921
This research note describes the construction of news-based Economic Policy Uncertainty (EPU) indices for Flanders, Wallonia and Belgium. The indices are computed from January 2001 until May 2020. Important domestic and more global events coincide with spikes in the indices. The COVID-19...
Persistent link: https://www.econbiz.de/10012836499