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The effect of policy uncertainty on investment plans : evidence from the unexpected acceptance of a far-reaching referendum in Switzerland

Abberger, Klaus; Dibiasi, Andreas; Siegenthaler, Michael; … - 2016 - This version: May 2016

Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …

Persistent link: https://www.econbiz.de/10011472000

The Ifo business cycle clock : circular correlation with the real GDP

Abberger, Klaus; Nierhaus, Wolfgang - 2010

The Ifo Business Climate is the most important indicator for the business cycle in Germany. In 1993 the connection between the two components of the business climate - business situation and business expectations - was graphically portrayed by Ifo in a 4-quadrant scheme: the Ifo Business Cycle...

Persistent link: https://www.econbiz.de/10008697108

Imputing monthly values for quarterly time series : an application performed with Swiss business cycle data

Abberger, Klaus; Graff, Michael; Müller, Oliver; … - 2022

This paper documents a comparative application of algorithms to deal with the problem of missing values in higher frequency data sets. We refer to Swiss business tendency survey (BTS) data which are conducted in both monthly and quarterly frequency, where an information sub-set is collected at...

Persistent link: https://www.econbiz.de/10013482570