Rankings for sports such as chess or table tennis are based on the so called Elo rating system. In this paper we apply this rating system to rank economic journals. One main advantage of the Elo ranking compared to existing ones is its explicit consideration of a journal's performance path....

Comprehensive and international comparable leading indicators across countries and continents are rare. In this paper, we use a free and fast available source of leading indicators, the World Economic Survey (WES) conducted by the ifo Institute, to forecast growth of Gross Domestic Product (GDP)...

To date, only annual information on economic activity is published for the 16 German states. In this paper, we calculate quarterly regional GDP estimates for the period between 1995 to 2020, thereby improving the regional datbase in Germany. The new data set will regularly be updated when...

In this paper, we ask whether it is possible to forecast gross-value added (GVA) and its sectoral sub-components at the regional level. We are probably the first who evaluate sectoral forecasts at the regional level using a huge data set at quarterly frequency to investigate this issue. With an...

We tackle the nowcasting problem at the regional level using a large set of indicators (regional, national and international) for the years 1998 to 2013. We explicitly use the ragged-edge data structure and consider the different information sets faced by a regional forecaster within each...

This paper looks into the 'fine print' of boosting for economic forecasting. By using German industrial production for the period from 1996 to 2014 and a data set consisting of 175 monthly indicators, we evaluate which indicators get selected by the boosting algorithm over time and four...

This paper looks into the 'fine print' of boosting for economic forecasting. By using German industrial production for the period from 1996 to 2014 and a data set consisting of 175 monthly indicators, we evaluate which indicators get selected by the boosting algorithm over time and four...

This paper applies component-wise boosting to the topic of regional economic forecasting. By using unique quarterly gross domestic product data for one German state for the period from 1996 to 2013, in combination with a large data set of 253 monthly indicators, we show how accurate forecasts...

In this paper, we forecast employment growth for Germany with data for the period from November 2008 to November 2015. Hutter and Weber (2015) introduced an innovative unemployment indicator and evaluate the performance of several leading indicators, including the Ifo Employment Barometer, to...

In this paper we transfer the Elo rating system, which is widely accepted in chess, sports and other disciplines, to rank scientific journals. The advantage of the Elo system is the explicit consideration of the factor time and the history of a journal's ranking performance. Most other rankings...