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We analyze four economic sentiment indicators for the German economy regarding their ability to forecast economic activity. Using cross correlations and Granger causality tests we find that the ifo business expectations (ifo), the Purchasing Managers Index (PMI) and the ZEW Indicator of Economic...
Persistent link: https://www.econbiz.de/10014106143
leading indicators and time series. In a case study for Germany, we forecast two possible representations of industrial …
Persistent link: https://www.econbiz.de/10003981979
Der Bereich Dienstleistungen macht mehr als 70% der deutschen Bruttowertschöpfung aus, jedoch ist die Konjunkturanalyse und -prognose in diesem Wirtschaftsbereich noch sehr unterentwickelt. Ein Blick in die Literatur zeigt, dass die Forschung hier noch am Anfang steht und sich bisher diesem...
Persistent link: https://www.econbiz.de/10009385465
-Württemberg) and Eastern Germany. We overcome the problem of a "data-poor environment" at the sub-national level by including more than …
Persistent link: https://www.econbiz.de/10009630640
) and Eastern Germany. We overcome the problem of a "data-poor environment" at the sub-national level by complementing …
Persistent link: https://www.econbiz.de/10010350218
-Württemberg) and Eastern Germany. We overcome the problem of a "data-poor environment" at the sub-national level by including more than …
Persistent link: https://www.econbiz.de/10011685344
Der Bereich Dienstleistungen macht mehr als 70% der deutschen Bruttowertschöpfung aus, jedoch ist die Konjunkturanalyse und -prognose in diesem Wirtschaftsbereich noch sehr unterentwickelt. Ein Blick in die Literatur zeigt, dass die Forschung hier noch am Anfang steht und sich bisher diesem...
Persistent link: https://www.econbiz.de/10011844002
production (IP) in Germany. We obtain three sets of results. First, we show that the sentiment-based ifo index performs best in … great moderation” in the US at the end of a minor depression in Germany. Around 2005, oil prices increased from $10 to $60 a …
Persistent link: https://www.econbiz.de/10012132320
quarter. Germany would thus formally be in a technical recession. However, the slowdown that began in 2018 has so far been a … that economic momentum in Germany has cooled off more than in many other countries. To some extent, this is due to the fact … weigh particularly on production in Germany. Against this backdrop, exports are likely to pick up only gradually. Private …
Persistent link: https://www.econbiz.de/10012116912
German GDP is expected to increase by 1.8 percent (2015), 2.1 percent (2016), and 2.3 percent (2017). Economic activity is driven by consumer spending that increases in the upcoming years by about 2 percent per year due to strong increases in real disposable income.
Persistent link: https://www.econbiz.de/10012063530