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This analysis investigates the predictive power of the most important leading indicators for the German economy, which are provided by the ifo Institute and IHS Markit. We conduct an out-of-sample, real-time forecast experiment for growth of gross domestic product and growth of gross value added...
Persistent link: https://www.econbiz.de/10012839771
shocks and the shock propagation processes. Thus, I conclude that business cycle stabilization in Germany is driven by both …
Persistent link: https://www.econbiz.de/10013214330