The employment-output equation constitutes one of the econometric bases for short and medium-term employment forecasts in manufacturing. It is based on theoretical considerations which postulate a relation between expectations held by enterprises regarding output and the level of employment....

In the recent past, more and more economists have raised the question whether theoretical assumptions made in applied economics correspond to reality. This paper estimates a consumption function for nondurable consumer goods and services which best utilizes the information contained in the data....

Die Auftragseingänge der Industrie enthalten zwar eine ausgeprägte Konjunkturkomponente, doch eilen sie der Produktion laut Statistik nicht voraus. Weil jedoch ihre zyklische Bewegung viel regelmäßiger ist als jene der Produktion, liefert die Auftragsstatistik wichtige Informationen zur...

Retail sales immediately before Christmas (in December) and exceeding a "normal level" may be termed "Christmas sales". Econometric models were used to adjust the time series on retail sales for changes in tax codes and calendar effects and then to decompose the resulting series into trend,...