期刊论文详细信息
International Journal of Financial Studies
New Evidence on the Information and Predictive Content of the Baltic Dry Index
Nicholas Apergis1 
[1] Department of Banking and Financial Management, University of Piraeus, 80 Karaoli & Dimitriou, Piraeus 18534, Greece
关键词: Baltic Dry Index;    asset markets;    macroeconomy;    panel data;   
DOI  :  10.3390/ijfs1030062
来源: mdpi
PDF
【 摘 要 】

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.

【 授权许可】

CC BY   
© 2013 by the authors; licensee MDPI, Basel, Switzerland.

【 预 览 】
附件列表
Files Size Format View
RO202003190034371ZK.pdf 135KB PDF download
  文献评价指标  
  下载次数:8次 浏览次数:32次