Forecasting stock markets is challenging due to the influence of various internal and external factors compounded by the effects of globalization. This study introduces a data-driven approach to forecast S&P 500 returns by incorporating macroeconomic indicators including gold and oil prices, the...

This paper aims to reassess multidimensional poverty measurement including the ease of doing business as an additional indicator with the existing measurements for 81 countries by human development, and identify how multidimensional poverty has changed during a very short period from 2014 to...

We propose a sentiment-based financial stress index (S-FSI) for Russia from January 2018 to June 2024. The index is based on the intensity of internet searches in Russian via Google and Yandex for terms with negative connotations about financial stability. The terms in our index form a unique...

Housing rents are one of the most important and difficult elements of spatial cost of living comparisons. Difficulties arise from the lack of sufficiently detailed and harmonized data, especially at the international level. The emergence of Airbnb has created a valuable new source of...

As climate change intensifies, countries experience varying degrees of vulnerability and resilience that influence their capacity to withstand and recover from environmental, economic, and social shocks. This study introduces the Multidimensional Vulnerability and Lack of Resilience Index...

We introduce a novel, non-parametric approach for estimating house price indices that capture heterogeneous price developments independently of strict functional form assumptions. Utilizing the potential outcomes framework, our approach employs causal forests to effectively address changes in...

We develop a statistical-methodological framework for a set of core commercial real estate market indicators, which consists of a market price index, a gross rent index, and a net rental yield index as well a vacancy rate. We argue that the indicators should be (macro-)consistent, meaning that...

This study develops a multi-dimensional composite index to measure financial inclusion in Ethiopia, using a two-stage Principal Component Analysis based on ten traditional and five digital indicators from 2015 to 2023. The results reveal a significant increase in Ethiopia's financial inclusion...

This study examines two key challenges in services trade research: the reliability of trade data and the measurement of non-tariff barriers, particularly the Services Trade Restrictiveness Index (STRI). Using firm-level panel data from Türkiye with fixed effects, we show that international data...

Mit dem Berichtsmonat Januar 2024 erfolgte die Umstellung des Produktionsindex für das Produzierende Gewerbe, des Umsatzindex für den Bergbau und das Verarbeitende Gewerbe sowie der Auftragseingangs- und Auftragsbestandsindizes im Verarbeitenden Gewerbe auf das neue Basisjahr 2021. Dabei...

This study provides the results of the 2024 edition of the Eco-Innovation Index. Defined as innovation that reduces environmental impacts, increases resilience to environmental pressures or uses natural resources efficiently, eco-innovation is critical for achieving EU targets linked to the...

The 2024 Commitment to Reducing Inequality (CRI) Index is a multidimensional index which ranks 164 countries for their policy performance across three pillars covering public services, progressive taxation and labour rights.

The main aim of INFORM Risk is to provide information on the risk of countries to humanitarian crises caused by hazards and people's exposure to them including all main type of natural and human hazards, vulnerability and resources available to help people cope. The Competence Centre on...

The Harmonised Index of Consumer Prices (HICP) co-exists with the national Consumer Price Index (CPI) as a key measure of inflation in Germany. Both indices are based on the same granular price data and uniform compilation methods at the lower levels of aggregation. However, differences arise at...

The SDG Gender Index of Equal Measures 2030 is a multidimensional index that aligns to the normative framework of the Sustainable Development Goals (SDGs) and covers 56 gender issues in 14 of the 17 global goals in 139 countries across five regions of the world. The developers invited the...

The HICP Methodological Manual represents a comprehensive overview of methods that are used in the compilation process for the harmonised index of consumer prices (HICP). The manual intends to be a practical guide to all steps necessary to produce an HICP and is thus useful for statisticians who...

The European Skills Index (ESI) is a multidimensional index that ranks the skills systems of 31 countries (the EU27 countries, Iceland, Norway, Switzerland, and the United Kingdom) based on their performance on the three dimensions of skills development, skills activation and skills matching....

A technical assistance (TA) mission was conducted from July 15-19, 2024, to assist the State Statistical Service of Ukraine (SSSU) to develop new processes and methods for the compilation of the House Price Index (HPI). This was the second mission of a project that commenced in April 2024. The...

Soft power is difficult to measure directly, and existing indicators-mostly subjective and not always transparent-fail to take into account the multidimensional nature of soft power. In this paper, we introduce a new comprehensive Global Soft Power Index (GSPI) composed of six dimensions for a...

A technical assistance (TA) mission was conducted from May 19-27, 2024 to assist the Bangladesh Bank (BB) with the ongoing development of their Residential Property Price Index (RPPI). The mission completed the following tasks: (i) assisted with the practical implementation of improved methods...

Being geopolitically exposed, the Russian financial sector is vulnerable to various uncertainties. The aim of the article is to examine the quantile movements and dynamic connectedness of uncertainty indices with the financial stress index of Russia employing the cross-quantilogram (CQ),...

Mit dem Berichtsmonat Januar 2024 erfolgte die Umstellung des Produktionsindex für das Produzierende Gewerbe, des Umsatzindex für den Bergbau und das Verarbeitende Gewerbe sowie der Auftragseingangs- und Auftragsbestandsindizes im Verarbeitenden Gewerbe auf das neue Basisjahr 2021. Dabei...

Purpose Despite the growing recognition of the complex interplay between macroeconomic shock indexes and stock market dynamics, there is a significant research gap concerning their interconnectedness and return spillovers in the context of the African stock market. This leaves much to be...

This paper proposes a novel index, ECI (Electricity Climate-Compatibility Index), to measure global fossil fuel electricity generation alignment with climate targets. Net anthropogenic carbon dioxide emissions (CO2) must approach zero by mid-century to stabilise the mean temperature to well...

The Global Malmquist Productivity Index (GMPI) stands as an evolution of the Malmquist Productivity Index (MPI), emphasizing global technology to incorporate all-time versions of Decision-Making Units (DMUs). This paper introduces a novel approach, integrating the Nash Bargaining Game model with...