Work

A New Index to Measure U.S. Financial Conditions

Year: 2023

Type: article

Abstract: This note proposes a new index that can be used to gauge broad financial conditions and assess how these conditions are related to future economic growth. The index is broadly consistent with how the FRB/US model generally relates key financial variables to economic activity.

Source: FEDS Notes

DOI: 10.17016/2380-7172.3281

Authors: Andrea Ajello, Michele Cavallo, Giovanni Favara, William B. Peterman, John Schindler, Nitish R. Sinha

Institutions: Federal Reserve, Federal Reserve Board of Governors

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W4383683480

FWCI: 2.708

Cites: 7

Cited by: 12

Related to: 10