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We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will...
Persistent link: https://www.econbiz.de/10010331382
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10010278651
We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will...
Persistent link: https://www.econbiz.de/10010314729
This article presents the Working Time Measurement Concept of the Institute for Employment Research, which determines the hours worked in Germany and their individual components. The Working Time Measurement Concept is the key data product on working time in Germany and underlies the German...
Persistent link: https://www.econbiz.de/10011635839
This article presents the IAB working time measurement concept, which determines the hours worked in Germany and their individual components. These statistics are essential for a proper analysis of aggregate labour market trends and cyclical fluctuations. We outline the conceptual and...
Persistent link: https://www.econbiz.de/10011309734
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10009232581
We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will...
Persistent link: https://www.econbiz.de/10009383563
We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will...
Persistent link: https://www.econbiz.de/10009407737
We consider the cyclical properties of the German economy prior and after reunification in 1990 from the perspective of a real business cycle model. The model provides the framework for the selection and consistent measurement of the variables whose time series properties characterize the cycle....
Persistent link: https://www.econbiz.de/10010344497
We consider the cyclical properties of the German economy prior and after reunification in 1990 from the perspective of a real business cycle model. The model provides the framework for the selection and consistent measurement of the variables whose time series properties characterize the cycle....
Persistent link: https://www.econbiz.de/10010375297