Der Bereich Dienstleistungen macht mehr als 70% der deutschen Bruttowertschöpfung aus, jedoch ist die Konjunkturanalyse und -prognose in diesem Wirtschaftsbereich unterentwickelt. Die Forschung steht hier noch am Anfang. Um diese Lücke etwas zu schließen, wurden Indikatoren für sechs...

This paper reproduces a survey - previously applied in two different Continents, North America and Europe - to inquire about cost of capital, capital budgeting, capital structure, and corporate governance. The survey utilized in this article is Graham amp; Harvey's survey ( 2001) and its...

This paper presents an application of neural network models to predictive classification for data quality control. Our aim is to identify data affected by measurement error in the Bank of Italy's business surveys. We build an architecture consisting of three feed-forward networks for variables...

This work develops a simple methodology to make some contribution to current thinking about household participation in international financial markets. I combine standard microeconometrics with a latent model (multivariate statistics). This type of model is usually applied in the social...

A method of analyzing rationality of expectations of economic agents, based on contingency tables, is applied to price expectations of Polish industrial enterprises. The source of data are surveys designed by the Economic Development Institute of the Warsaw School of Economics within the...

The sample estimates are uniformly below those of the Financial Accounts, even after harmonising all the definitions and the evaluation criteria. Such a problem can stem from the interviewee's unwillingness to disclose the actual value of the asset (under-reporting). The paper presents a method...

The Joint harmonized EU Investment survey, carried out for Italy by the Institute for Studies and Economic Analysis (ISAE), provides quantitative information about investment plans and the structure of investment and qualitative data on the factors influencing firm' behavior. As shown in the...

Quantification techniques are popular methods in empirical research to aggregate the qualitative predictions at the micro-level into a single figure. In this paper, we analyze the forecasting performance of various methods that are based on the qualitative predictions of financial experts for...