We show the statistical properties of the most important cryptocurrencies, of which Bitcoin is the most prominent example. We characterize their exchange rates versus the US Dollar by fitting parametric distributions to them. It is shown that returns are clearly non-normal, however, no single...

An ever increasing share of human interaction, communication, and culture is recorded as digital text. We provide an introduction to the use of text as an input to economic research. We discuss the features that make text different from other forms of data, offer a practical overview of relevant...

The zero lower bound and quantitative easing policies have rekindled interest in the link between monetary aggregates and the business cycle. This paper argues, on the basis of Bayesian time-varying coefficient VAR models that use Divisia indexes, that money is more closely linked to the...

Researchers in many fields, such as demography, economics, and sociology, have established various data collection methodologies and principles to answer a range of academic and policy questions on migration. Although the progress has been impressive, some basic challenges remain. This paper...

Four financial technical analysis tools are provided including moving averages, Bollinger bands, moving average convergence divergence (MACD) and the relative strength index (RSI). The tftools command is used with four subcommands, each referring to a technical analysis tool: bollingerbands,...

This note is a sketch of what could be the basis for a theory of applied statistics. Such a theory is needed to help statistics become more relevant, with significant impact and innovative developments. To achieve this goal, statisticians need to get involved in new activities within the...

Eurostat will start to publish euro area and European Union employment flash estimates based on early estimates provided by national statistical institutes on a voluntary basis. This paper describes the reasons for advancing the employment estimates and elaborates the estimation method applied....

The International Recommendations on Refugee Statistics (IRRS) provide a set of specific recommendations that countries and international organizations can use to improve the collection, collation, disaggregation, reporting, and overall quality of statistics on forcibly displaced populations.

National figures cannot reveal the full and sometimes complex picture of what is happening within the European Union (EU). Statistical information at a subnational level - for particular regions or for cities - is an important tool for highlighting diversity within the Member States. Such...

Seasonal variation is one of the key factors, if not the key factor, that can impact the analysis of times series. In order to derive a meaningful analysis of the data under consideration, this seasonality has to be taken into account and adjusted for. The purpose of this handbook is to take...