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

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

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 re...

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ژورنال

عنوان ژورنال: International Journal of Financial Studies

سال: 2013

ISSN: 2227-7072

DOI: 10.3390/ijfs1030062