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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
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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/10011458466
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The use of qualitative business tendency surveys for forecasting business investment in Germany
Abberger, Klaus - 2005
Investment in equipment and machinery is a very important component of GDP. In this paper we examine whether data from … business tendency sur- veys are useful for a timely assessment of current investment behavior. In addition we investigate … whether the survey results are helpful for forecasting investment growth in the short run. The first question is addressed …
Persistent link: https://www.econbiz.de/10008858476
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The effects of policy uncertainty on investment : evidence from the unexpected acceptance of a far-reaching referendum in Switzerland
Dibiasi, Andreas; Abberger, Klaus; Siegenthaler, Michael; … - In: European economic review : EER 104 (2018), pp. 38-67
Persistent link: https://www.econbiz.de/10011975702
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The IFO Business Cycle Clock : Circular Correlation with the Real GDP
Abberger, Klaus - 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...
Persistent link: https://www.econbiz.de/10013137883
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Markov-Switching and the IFO Business Climate : The IFO Business Cycle Traffic Lights
Abberger, Klaus - 2010
Business cycle indicators are used to assess the economic situation of countries or regions. They are closely watched by the public, but are not easy to interpret. Does a current movement of the indicator signal a turning point or not? With the help of Markov Switching Models movements of...
Persistent link: https://www.econbiz.de/10013148053
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ifo Konjunkturprognose 2010/2011 : Auftriebskräfte verlagern sich nach Deutschland
Carstensen, Kai; Nierhaus, Wolfgang; Abberger, Klaus; … - In: Ifo-Schnelldienst 63 (2010) 12, pp. 12-63
Die Weltkonjunktur hat im laufenden Jahr weiter Tritt gefasst, unterstützt von expansiven Impulsen der Geldpolitik und der staatlichen Konjunkturprogramme. Nach Ländern und Regionen differenziert ist die Dynamik der Erholung allerdings recht unterschiedlich. So hat sich das vom ifo Institut...
Persistent link: https://www.econbiz.de/10003980155
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ifo Konjunkturprognose 2011/2012 : Aufschwung geht langsamer voran
Carstensen, Kai; Nierhaus, Wolfgang; Abberger, Klaus; … - In: Ifo-Schnelldienst 64 (2011) 13, pp. 16-62
Konjunktur aber abgeschwächt haben. Der vom ifo Institut erhobene Indikator für das Weltwirtschaftsklima ist zwar erneut …
Persistent link: https://www.econbiz.de/10009235660
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The KOF Economic Barometer, version 2014 : a composite leading indicator for the Swiss business cycle
Abberger, Klaus; Graff, Michael; Siliverstovs, Boriss; … - 2014
This paper presents a composite leading indicator for the Swiss business cycle corresponding to the growth rate cycle concept. It is the result of a complete overhaul of the KOF Economic Barometer that has been published by the KOF Swiss Economic Institute on a monthly basis since 1976. In line...
Persistent link: https://www.econbiz.de/10010338122
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ifo Konjunkturprognose 2011 : Aufschwung setzt sich verlangsamt fort
Carstensen, Kai; Nierhaus, Wolfgang; Abberger, Klaus - In: Ifo-Schnelldienst 63 (2010) 24, pp. 18-68
Jahr aufgrund der anhaltend guten Konjunktur, der Konsolidierungsmaßnahmen im Rahmen des Zukunftspakets und der …
Persistent link: https://www.econbiz.de/10008796270