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Measuring global economic activity

September 2, 2018 Bilal 0

Measuring global economic activity https://ift.tt/2KWm6if Measuring the level of global economic activity is of key interest. But the measures we have on variables like industrial production don’t cover all countries and are only available with a significant lag. Michigan Professor Lutz Kilian suggested in an influential paper published in 2009 that we could get a useful timely indicator by looking at average shipping costs. I recently had a chance to look into the details of how that series is constructed and have some suggested improvements. Kilian’s basic idea is that changes in world economic activity are the primary driver of […]

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The Future of GDP

September 2, 2018 Bilal 0

Credit Suisse Publications https://ift.tt/2oydfuB http://publications.credit-suisse.com/index.cfm/publikationen-shop/research-institute/the-future-of-gdp-en/ For legal reasons, please specify which country you live in When a country is selected, a cookie is installed on your PC. This cookie will remain activated for 30 days. Local law or regulation may restrict the distribution of publications into certain jurisdictions. Publish via Credit Suisse Publikationen September 2, 2018 at 02:05PM https://ift.tt/2oydfuB