Showing 1 - 10 of 1,889
different sources we can do even better. Our analysis results in a new index of global economic conditions and new measures for …
Persistent link: https://www.econbiz.de/10012834350
index numbers and demand for characteristics to develop a new method for incorporating changes on the extensive …
Persistent link: https://www.econbiz.de/10012891565
state of the business cycle. For example, the widely used economic policy uncertainty index matters to all firms …
Persistent link: https://www.econbiz.de/10013239562
Using new survey data on quantitative growth expectations of firms in Germany, we show that firms resort to local information when forming expectations about aggregate growth. Firms extrapolate from the economic situation in their county, industry growth and their individual business situation....
Persistent link: https://www.econbiz.de/10014081046
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 …) and updated in Dreher et al. (2008). This second revision of the index distinguishes between de facto and de jure measures …
Persistent link: https://www.econbiz.de/10012892154
We formulate a simple theoretical model of a banking industry that we use to identify and construct theory …
Persistent link: https://www.econbiz.de/10010272761
The world runs a trade surplus with itself: the reported values of exports exceed the reported values of imports. This is a logically impossible but well-known empirical fact. Less well-known is the fact that, in recent years, more than 80 percent of the global surplus is a trade surplus that...
Persistent link: https://www.econbiz.de/10012844666
This paper examines persistence, structural breaks and non-linearities in the case of five European stock market indices, namely the FTSE100 (UK), DAX30 (Germany), CAC40 (France), IBEX35 (Spain) and FTSE MIB40 (Italy), using fractional integration methods. The empirical results provide no...
Persistent link: https://www.econbiz.de/10012866377
Comprehensive and international comparable leading indicators across countries and continents are rare. In this paper, we use a free and instantaneous available source of leading indicators, the ifo World Economic Survey (WES), to forecast growth of Gross Domestic Product (GDP) in 44 countries...
Persistent link: https://www.econbiz.de/10012867868
In this study, we systematically evaluate the potential of a bunch of survey-based indicators from different economic branches to forecasting export growth across a multitude of European countries. Our pseudo out-of-sample analyses reveal that the best-performing indicators beat a well-specified...
Persistent link: https://www.econbiz.de/10012861426