The Economic and Monetary Union (EMU) is an economic and monetary policy system based on a fundamental asymmetry and consisting of three elements: 1. an independent central bank (ECB) which is exclusively charged with monetary policy in the euro zone; 2. economic policies (fiscal and budgetary...

Faced with an economic slowdown, the Austria federal government implemented two economic stimulus packages in 2001 and 2002 respectively. These packages provide for additional public expenditure, most of which has been advanced by one or two years, particularly with regard to public...

Das Papier untersucht die Rolle von Frühindikatoren bei der Erstellung von Konjunkturprognosen. Gegenstand der Analyse sind die Fragen: Welche Kriterien sollten Frühindikatoren generell erfüllen bzw. was sollten Frühindikatoren leisten? Inwieweit erfüllen die gängigen Indikatoren diese...