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This paper presents a revised version of the DIW Economic Barometer, the business cycle index of the German Institute for Economic Research (DIW Berlin). As in earlier versions, we put forward a factor model on a monthly frequency to filter the latent state of the aggregate economy. In the new...
Persistent link: https://www.econbiz.de/10010417490
year with slightly overloaded capacities. Employment growth remains strong with the creation of 600,000 new jobs, which has …
Persistent link: https://www.econbiz.de/10011629524
Persistent link: https://www.econbiz.de/10011946916
recession should give way to the assessment that the pace of the German economy is normalizing after years of above …-average growth due to robust foreign demand and increasing employment levels. A gradual reduction in high capacity utilization will …
Persistent link: https://www.econbiz.de/10011946925
The global economy is expected to grow by four percent annually over the next two years. This is a slight increase in the German Institute for Economic Research forecast in comparison to that of the fall. The upswing will gain momentum in both developed and emerging economies. Private...
Persistent link: https://www.econbiz.de/10011762803
This paper presents a revised version of the DIW Economic Barometer, the business cycle index of the German Institute for Economic Research (DIW Berlin). As in earlier versions, we put forward a factor model on a monthly frequency to filter the latent state of the aggregate economy. In the new...
Persistent link: https://www.econbiz.de/10013046441
Persistent link: https://www.econbiz.de/10012586098
By lifting lockdown measures as coronavirus case numbers are rising and the vaccine rollout is proceeding slowly, the German economy is being sent on a stop-go course. Re-opening measures will probably be followed by renewed closures, at least regionally, in order to keep the spread of COVID-19...
Persistent link: https://www.econbiz.de/10012586106
The German economy is taking longer than expected to overcome the pandemic: It is likely to increase by only 2.1 percent in 2021 and capacities remain markedly underutilized. In addition, global supply bottlenecks are affecting German industry, resulting in stalled domestic production despite...
Persistent link: https://www.econbiz.de/10012631749
Persistent link: https://www.econbiz.de/10012485306