Das Bruttoinlandsprodukt erfährt als umfassendstes Maß der Wirtschaftsleistung beson- dere öffentliche Aufmerksamkeit. Der Arbeitskreis Volkswirtschaftliche Gesamtrechnungen der Länder veröffentlicht erste vorläufige Berechnungen für das Bruttoinlandsprodukt nach Bundesländern etwa 90...

The European Commission's growth forecasts play a crucial role in shaping policies and provide a benchmark for many (national) forecasters. The annual forecasts are built on quarterly estimates, which do not receive much attention and are hardly known. Therefore, this paper provides a...

The European Commission’s growth forecasts play a crucial role in shaping policies and provide a benchmark for many (national) forecasters. The annual forecasts are built on quarterly estimates, which do not receive much attention and are hardly known. Therefore, this paper provides a...

Das Bruttoinlandsprodukt erfährt als umfassendstes Maß der Wirtschaftsleistung beson- dere öffentliche Aufmerksamkeit. Der Arbeitskreis Volkswirtschaftliche Gesamtrechnungen der Länder veröffentlicht erste vorläufige Berechnungen für das Bruttoinlandsprodukt nach Bundesländern etwa 90...

National accounts are subject to major revisions. To improve the reliability of first release data, it is important to know whether subsequent revisions show systematic patterns. Or, in other words, whether national accounts are informationally efficient in the sense that all available...

National accounts are subject to major revisions. To improve the reliability of the first release data, it is important to know whether these revisions show systematic patterns, or in other words, whether national accounts are informational efficient in the sense that they incorporate all...

National accounts are subject to major revisions. To improve the reliability of the first release data, it is important to know whether these revisions show systematic patterns, or in other words, whether national accounts are informational efficient in the sense that they incorporate all...

A well-documented property of the Beveridge-Nelson trend-cycle decomposition is the perfect negative correlation between trend and cycle innovations. We show how this may be consistent with a structural model where trend shocks enter the cycle, or cycle shocks enter the trend and that...