Dissecting the purchasing managers’ index: Are all relevant components included? Are all included components relevant?
In this paper we scrutinise the composition of one of the most renowned economic indicators that is regularly released for more than 30 countries and regions. The composite Purchasing Managers’ Index (PMI) is constructed by pooling several survey based sub-components with certain fixed weights. Its...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2018-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1800014S.pdf |