An approach based on composite indicators and cluster analysis
This technical report proposes a set of metrics and a methodology to measure the progress that European countries are making towards the development and integration of capital markets. Based on six priorities linked to the achievement of a well-functioning and integrated European capital market, we identify a set of indicators and analyze country performance for the period 2007-2018 by using a composite measure, both in a static and a dynamic environment. In order to account for country specificities and differences in dynamic trajectories, we use robust clustering to identify groups of countries and follow their development through time.
GUCCIARDI Gianluca;
2019-11-20
Publications Office of the European Union
JRC118408
978-92-76-12268-5 (online),
1831-9424 (online),
EUR 29891 EN,
OP KJ-NA-29891-EN-N (online),
https://publications.jrc.ec.europa.eu/repository/handle/JRC118408,
10.2760/92215 (online),
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