for Germany preselected from a broader set using the Elastic Net soft-thresholding rule. The three states represent … probabilities with a simple GDP forecasting model yields an accurate nowcast for the steepest decline in GDP in 2009Q1 and a correct …

The ifo Institute is Germany’s largest business survey provider, with the ifo Business Climate Germany as one of the … paper gives a literature overview over existing studies that deal with the forecasting power of various ifo indicators both … powerful tool both for an in-depth business cycle diagnosis and for applied forecasting work. …