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Elements of an econometric examination of benchmark revisions in real-time data are suggested. Structural break tests may be applied to detect heterogeneities within vintages. Systems cointegration tests are helpful to reveal inconsistencies across vintages. Differencing and rebasing, often used...
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A widely used method in the analysis of complex econometric models is to replace the "true model" by a highly simplified aggregative one in which the variables are grouped and replaced by sums or weighted averages of the variables in each group. The analysis of the problem of choosing an...
Persistent link: https://www.econbiz.de/10009774734
Expectations form the basis of economic decisions of market participants in an uncertain world. Sentiment indicators reflect those expectations and thus have a proven track record for predicting economic variables. However, respondents of surveys perceive the world to a large extent with the...
Persistent link: https://www.econbiz.de/10010367175
In an uncertain world, decisions by market participants are based on expectations. Thus, sentiment indicators reflecting expectations are proven at predicting economic variables. However, survey respondents largely perceive the world through media reports. Typically, crude media information,...
Persistent link: https://www.econbiz.de/10010373681
Elements of an econometric examination of benchmark revisions in real-time data are suggested. Structural break tests may be applied to detect heterogeneities within vintages. Systems cointegration tests are helpful to reveal inconsistencies across vintages. Differencing and rebasing, often used...
Persistent link: https://www.econbiz.de/10003391943
Güterverzeichnisses für die Produktionsstatistik 2009 (GP 2009). Diese bildet die Basis für detaillierte Analysen zu Struktur und … Produktionsstatistik, die für die Untersuchung der internationalen Wettbewerbsfähigkeit der deutschen Umweltschutzwirtschaft in die …
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