Aggregate financial conditions indices (FCIs) are constructed to fulfil two aims: (i) The FCIs should resemble non-model-based composite indices in that their composition is adequately invariant for concatenation during regular updates; (ii) the concatenated FCIs should outperform financial...

The Ifo Business Climate in trade and industry, the well-known representative of the monthly business surveys of the Ifo Institute, is an accepted leading indicator for the development of the German economy. The Business Climate is composed of the current assessment of business situtation and...

In the 40 successful years of its existence, leasing has proved to be a reliable engine for investment. With the high market share it has achieved, the assumption is almost obvious that leasing, which concentrates solely on one central business are of investing, can be used for statements on the...