Die wirtschaftlichen und sozialen Einschränkungen durch die Corona-Maßnahmen hat die große Mehrheit der Deutschen mit Disziplin mitgetragen. Sogar am Osterwochenende hielt sich die Bevölkerung an die weitreichenden Kontaktbeschränkungen. Doch nun wecken selektive Lockerungsmaßnahmen, also...

Qualitative surveys enjoy huge popularity among business cycle analysts and research institutes since they provide fast information on the stance of the economy. However, in order to derive quantitative statements researchers have to rely on assumptions about the relation between quantitative...

In this paper we develop a business cycle measure that can be shown to have excellent ex-ante forecasting properties for GDP growth. For identifying business cycle movements, we use a semantic approach. We infer nine different states of the economy directly from firms' responses in business...