Search results for " Benefit-of-doubt"
showing 3 items of 3 documents
Composite indicator of financial development in a benefit-of-doubt approach
2013
We use data by the World Economic Forum (WEF) to build a Composite Financial Development Index (CFDI) alternative to the WEF financial index. Unlike the WEF index, the CFDI optimally combines seven dimensions with non‐fixed weights determined endogenously without recourse to subjective opinions of experts. The CFDI is obtained by applying a Data Envelopment Analysis linear programming model with proportion restrictions on weights calculated in a Benefit‐of‐Doubt approach. In this way, the CFDI scores allow us to group 60 countries by different levels of financial development identifying dimensions that contribute to good or poor financial performances, taking into account the different char…
A composite indicator of social inclusion for European countries
2012
Social inclusion is one of seven key challenges of the European Union Sustainable Development Strategy. We use a set of sub-indicators to measure social inclusion for 26 member countries of the European Union. In particular, we aggregate four basic indicators in a multiplicative composite indicator via a DEA-BoD approach with weights determined endogenously by imposing proportion constraints. We obtain a score of social inclusion that allows us to grade 26 European countries in 2008, 2009 and 2010 during the European phase of the financial and economic crisis.
Composite Indicator of Social Inclusion for European Countries
2013
Social inclusion is one of the key challenges of the European Union (EU) Sustainable Development Strategy. We use four indicators from EU policies to measure social inclusion for the 27 member countries of Europe. In particular, we aggregate the four indicators in a multiplicative composite indicator via a DEA-BoD approach with weights determined endogenously with proportion constraints. We obtain a score of social inclu- sion that allows us to grade the 27 EU countries from 2006 to 2010. In this way, we highlight the specific role played by the four indicators in determining improvements and deteriorations of social inclusion during the European phase of the financial and economic crisis.