Showing 1 - 8 of 8
In a pioneering attempt we present the R(ecession)-word index for Switzerland. We evaluate its predictive ability of …
Persistent link: https://www.econbiz.de/10010319709
In this study we construct the R(ecession)-word index for Switzerland. To the best of our knowledge, this has never …
Persistent link: https://www.econbiz.de/10013104620
constructed for Germany and Switzerland. We use these indices in order to track the business cycle dynamics in these two countries … Switzerland. Third, we show that the RWI-based forecasts are more accurate than the consensus forecasts (published by Consensus … Economics Inc.) for Switzerland, whereas we reach the opposite conclusion for Germany. In fact, the accuracy of the consensus …
Persistent link: https://www.econbiz.de/10010319719
The current debt crisis has shed light on the importance of accurate fiscal forecasts. In particular, the accuracy of revenue forecasts is central since they set the limit within which expenditure should remain in order to reach fiscal balance. Therefore, forecasting tax revenue accurately is a...
Persistent link: https://www.econbiz.de/10013088763
Predicting available tax revenue accurately is a key step of fiscal policy. It has recently been shown that revenue prediction errors have a direct impact on fiscal deficits. In the current paper we explore the relationship between the ideology of the finance minister and tax revenue projection...
Persistent link: https://www.econbiz.de/10013072085
For many years, Business Tendency Surveys on the basis of mailing suffer from an erosion of the response rate. To counter this problem, there are traditional methods as limitation of the number of questions, improvement of the design of the questionnaire, intensified recalls by mail or...
Persistent link: https://www.econbiz.de/10010285907
The current debt crisis has shed light on the importance of accurate fiscal forecasts. In particular, the accuracy of revenue forecasts is central since they set the limit within which expenditure should remain in order to reach fiscal balance. Therefore, forecasting tax revenue accurately is a...
Persistent link: https://www.econbiz.de/10010319726