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This paper examines whether data from business tendency surveys are useful for forecasting the macro economy (GDP, unemployment, price and wage inflation, interest rates, exchange-rate changes etc.) in the short run. The starting point is a so-called dynamic factor model (DFM), which is used...
Persistent link: https://www.econbiz.de/10011291666
Since September 2004, Insee has published the results of its business survey in the services sector on a monthly basis together with a synthetic indicator. This indicator is extracted from both monthly and quarterly balances of opinion derived from the survey. The methodological framework is...
Persistent link: https://www.econbiz.de/10011291667
This Economic Brief looks at past evidence as to what extent donors' economic cycles have an effect on their aid budgets. It generally finds only a weak correlation of economic growth and aid of OECD donors between 1971 and 2008, and aid was reduced in only about half of all episodes of deep or...
Persistent link: https://www.econbiz.de/10011291906