Nachdem im ersten Teil der Artikelserie die Datenlage im Mittelpunkt stand, analysiert der vorliegende Aufsatz mit Hilfe der Umsatzdaten der Industrie den Konjunkturzyklus in den deutschen Bundesländern. Zunächst werden verschiedene in der Literatur übliche Ansätze zur Definition eines...

The use of large datasets for macroeconomic forecasting has received a great deal of interest recently. Boosting is one possible method of using high-dimensional data for this purpose. It is a stage-wise additive modelling procedure, which, in a linear specification, becomes a variable selection...

The use of large datasets for macroeconomic forecasting has received a great deal of interest recently. Boosting is one possible method of using high-dimensional data for this purpose. It is a stage-wise additive modelling procedure, which, in a linear specification, becomes a variable selection...

The Tax Cuts and Jobs Act constitutes the largest change to the US tax system since the 1980s and thoroughly alters the way in which multinational companies are taxed. Current assessments on the reform's international impact vary widely. This article sheds light on the tax reform's expected...

The use of large datasets for macroeconomic forecasting has received a great deal of interest recently. Boosting is one possible method of using high-dimensional data for this purpose. It is a stage-wise additive modelling procedure, which, in a linear specification, becomes a variable selection...

Die Vereinigten Staaten von Amerika haben sich im ersten Amtsjahr von Donald Trump von ihren westlichen Verbündeten entfremdet. Das zeigt eine Studie des ifo Instituts, die das Abstimmungsverhalten in der UN-Generalversammlung von den Ländern der G 7, NATO, OECD und WEOG analysiert. Die...

This paper evaluates the forecast performance of boosting, a variable selection device, and compares it with the forecast combination schemes and dynamic factor models presented in Stock and Watson (2006). Using the same data set and comparison methodology, we find that boosting is a serious...