Series: IMF Working Papers
Author(s): Karim Barhoumi , and Laurent Ferrara
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 January 2015
Keywords: factor models., trade, growth rate, variables, Trade Forecasting and Simulation, Forecasting and Simulation,
This paper develops a new monthly World Trade Leading Indicator (WTLI) that relies on nonparametric and parametric approaches. Compared to the CPB World Trade Monitor's benchmark indicator for global trade the WTLI...