Based on a panel of German professional forecasts for 1970 to 2003 we find that growth and inflation forecasts are …

This paper examines the consequences of using "real-time" data for business cycle analysis in Germany based on a novel …. The consequences of using real-time data for inflation forecasts, the dynamic interaction of output gaps and inflation …

The economic forecasts for Germany in the period 2001 to 2003 grossly missed reality. Forecasters estimated an average … Germany even shrank by 0.1 per cent. Forecasters tend to be generally optimistic. The analysis of the forecasts in the years …

inflation. …

activity but also raise risks of inflation. The major problem in Western Europe is unemployment, which remains stubbornly high … relatively steep fall of inflation in the United Kingdom was associated with a significant decline in unemployment. While total … investment in machinery and equipment. Inflation remained at low levels. However, in most countries the bottom seems to have been …

In Deutschland ist die konjunkturelle Lage von großer Labilität geprägt, die Erholung nicht gefestigt. Trotz alledem …