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1 misery index
American = indice qui prend en compte les taux de chômage et d'inflation, censé donner un aperçu de l'état de l'économie et du niveau de confiance des consommateursOne, admittedly artificial, indicator of financial conditions is the misery index, which is an average of the depreciation of the currency, the change in the stock market index, and the change in domestic interest rates (in basis points). This index shows that the major developing countries have seen substantial declines in interest rates, exchange rate appreciation, and stock market increases since December 1998.
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