The Toll Index: Innovation-based Economic Telemetry

We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will be accessible there through the homepage. We further emphasize several policy recommendations regarding data.

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Year of publication:	2011-10
Authors:	Askitas, Nikos ; Zimmermann, Klaus F.
Institutions:	Institute for the Study of Labor (IZA)
Subject:	nowcasting \| toll index \| MAUT \| economic telemetry \| secondary data use

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Extent:	application/pdf
Series:	IZA Policy Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 31 8 pages
Classification:	C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; E01 - Measurement and Data on National Income and Product Accounts and Wealth ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009327832