New Evidence on the Information and Predictive Content of the Baltic Dry Index

نویسندگان

  • Nicholas Apergis
  • James E. Payne
چکیده

This empirical study analyzes the information and predictive content of the Baltic Dry Index (BDI) with respect to a range of financial assets and the macroeconomy. By using panel methodological approaches and daily data spanning the period 1985–2012, the empirical analysis documents the joint predictability capacity of the BDI for both financial assets and industrial production. The results reveal the role of the BDI in predicting the future course of the real economy, yielding a link between financial asset markets and the macroeconomy.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Predictive Modeling of Phenylpiperazine Derivatives for Renin Inhibition.

The renin–angiotensin–aldosterone system is the well established endocrine system having significant role in preserving hemodynamic stability. Renin is secreted from the juxtaglomerular cells of the kidney. Phenylpiperazine derivatives have been reported as human renin inhibitor. To perform predictive QSAR modeling for 27 phenylpiperazine derivatives as renin enzyme inhibitors. The IC50 values ...

متن کامل

Voluntary Disclosure and Informational Content of Share Price: Evidence from Tehran Stock Exchange

The aim of this research was to determine the impact of voluntary information disclosure on informational content of share price. In this regard, future earnings response coefficient was used to determine the informational content of the share price about the future income information. Furthermore, share price synchronicity was used to evaluate the informational content of the share price about...

متن کامل

شاخص سواد سلامت: ابزاری نو برای ارزیابی سواد سلامت

Health (hygienic) literacy is a cognitive skill and an important and effective issue in the healthcare system that was first proposed in 1974 in an educational panel about health education. Since then, this concept has been discussed by the researchers in various fields of literacy and health, and many definitions have been presented for it. Usually, health literacy is defined as a wide range o...

متن کامل

تأثیر خشکی قسمتی از منطقه ریشه بر ویژگی های کمّی و کیفی توت فرنگی رقم سلوا

This experiment was conducted to study the effects of application of partial root zone drying technique on quantitative and qualitative characteristics of strawberry (Fragaria ananassa cv. Selva). The experiment was arranged as randomized complete blocks design with five treatments and four replications. One week after planting the seedlings, different irrigation regimes including FC: FC (moist...

متن کامل

امکان استفاده از کربن‌آلی خاک به ‌عنوان شاخصی برای تصمیم‌سازی درباره تغییرکاربری ‌اراضی

The quantity and variability of soil organic carbon (SOC) is one of the most important indices to determine the effect of land use changes on the soil quality. Regarding long-term changes from rangeland to dry farming in the Roin area of North Khorasan, the objectives of this study were to investigate the effect of long-term land use changes on the SOC in different slope faces and use SOC as an...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2013