Showing 1 - 10 of 258,608
This paper analyzes which factors are driving the ZEW Indicator of Economic Sentiment. Using the results of a poll …-of-sample forecasts for the ZEW Indicator. We find that a simple model that includes German manufacturing order data, the German yield … model as well as the consensus forecast for the ZEW Indicator as published by news agencies. …
Persistent link: https://www.econbiz.de/10011448690
Managers Index (PMI) and the ZEW Indicator of Economic Sentiment (ZEW) lead the yearon-year growth rate of German industrial … even lag economic activity. Analyzing lead/lag structures among the indicators we find that the ZEW indicator leads the ifo … evaluations suggest that both ifo and ZEW provide the best forecasts for industrial production among the three indicators ifo, PMI …
Persistent link: https://www.econbiz.de/10011447594
the most relevant recent developments in this field of economic forecasting. To begin with, we analyze the problem of … resulting leading indicator based forecasts, and review the recent literature on the forecasting performance of leading …
Persistent link: https://www.econbiz.de/10014023690
This paper aims to extract the common variation in a data set of 509 conjunctural series as an indication of the Belgian business cycle. The data set contains information on business and consumer surveys of Belgium and its neighbouring countries, macroeconomic variables and some worldwide...
Persistent link: https://www.econbiz.de/10003343540
for Germany preselected from a broader set using the Elastic Net soft-thresholding rule. The three states represent … probabilities with a simple GDP forecasting model yields an accurate nowcast for the steepest decline in GDP in 2009Q1 and a correct …
Persistent link: https://www.econbiz.de/10011646914
We present a comprehensive disaggregate approach for short-term forecasting economic activity in Germany by explicitly …
Persistent link: https://www.econbiz.de/10011900715
The paper describes the "Halle Institute for Economic Research (IWH) Forecasting Dashboard (ForDas)". This tool aims at … providing, on a non-commercial basis, historical and actual macroeconomic forecast data for the Germany economy to researchers …
Persistent link: https://www.econbiz.de/10014555568
In this paper we present a methodology which can help to improve the assessment of the current economic situation. We propose an approach which combines multivariate single equations to forecast the monthly growth rate of industrial production with a density forecast. This allows to estimate the...
Persistent link: https://www.econbiz.de/10009616512
This paper presents a composite leading indicator for the Swiss business cycle corresponding to the growth rate cycle concept. It is the result of a complete overhaul of the KOF Economic Barometer that has been published by the KOF Swiss Economic Institute on a monthly basis since 1976. In line...
Persistent link: https://www.econbiz.de/10010338122
We reassess the predictability of U.S. recessions at horizons from three months to two years ahead for a large number of previously proposed leading-indicator variables. We employ an efficient probit estimator for partially missing data and assess relative model performance based on the receiver...
Persistent link: https://www.econbiz.de/10010404520