Similarly, Baardwijk and Franses (2010) demonstrate the predictive effect of the hemp index, proposed by George Taylor, the US economist, in predicting economic trends: they break down the length of skirts in a leading French fashion magazine and use "the percentage of us in recession each year" as an indicator of the good or bad of the world economy. The results showed that when the economic situation is good, the length of skirts is short, and when the economy is bad, the length of skirts is long. It would be best to fit the curve after three years of adjusting the economic indicators.<br>Similar indicators include the "shoe index", "long hair index", which reflects exchange rate movements, the "House Index" and the "beer index" that reflect the unemployment rate, which can serve as sensitive indicators of economic trends, indicating that individual mental preferences and behavioral decisions can be largely influenced by overall economic health.
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