This paper compares two single-equation approaches from the recent nowcast literature: Mixed-data sampling (MIDAS) regressions and bridge equations. Both approach are used to nowcast a low-frequency variable such as quarterly GDP growth by higher-frequency business cycle indicators. Three...

Im vorliegenden Beitrag wird modelltheoretisch gezeigt, dass die - auch in der Realität beobachtbare - Schaffung von Überkapazitäten eine rationale Unternehmensstrategie zur Begrenzung politischer Risiken sein kann. Es wird der Frage nachgegangen, wie solche Überinvestitionen aus...

In February 1998 a work was published in the series of discussion papers produced by the Bundesbank which was concemed with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the Bundesbank therefore staged a workshop on this subject at...