Showing 1 - 10 of 25,969
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/10010297299
leading indicator property is assessed with regard to forecasting industrial production in Russia and Germany. For this … forecasting performance of the leading indicators for both countries revealing marked differences between Russia and Germany. …
Persistent link: https://www.econbiz.de/10010286389
In der vorliegenden Arbeit untersuchen wir die Eignung der ifo-Geschäftserwartungen und der ZEW … Umfragen unter Finanzanalysten basierenden ZEW-Konjunkturerwartungen einen signifikanten einmonatigen Vorlauf vor den ifo …-Geschäftserwartungen haben. Wir führen dies auf unterschiedliche Erwartungsbildungen der beiden Gruppen zurück. Die ZEW …
Persistent link: https://www.econbiz.de/10010297738
-Württemberg) and Eastern Germany. We overcome the problem of a data-poor environment at the sub-national level by including more than …
Persistent link: https://www.econbiz.de/10010288471
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 …
Persistent link: https://www.econbiz.de/10010262887
The paper investigates the sources of macroeconomic forecast errors in Germany. The predictions of the so-called "six …Der Beitrag untersucht die Ursachen von Fehlern der Konjunkturprognose der Gemeinschaftsdiagnose der … Arbeitsgemeinschaft wirtschaftswissenschaftlicher Forschungsinstitute in Deutschland. Die Prognosefehler werden im Rahmen eines …
Persistent link: https://www.econbiz.de/10010260630
Based on a panel of German professional forecasts for 1970 to 2003 we find that growth and inflation forecasts are unbiased and weakly, but not strongly efficient. Besides the effect of diverging forecasting dates, no other substantial differences in forecasting quality are found among...
Persistent link: https://www.econbiz.de/10010260675
This paper uses several macroeconomic and financial indicators within a Markov Switching (MS) framework to predict the turning points of the business cycle. The presented model is applied to monthly German real-time data covering the recession and the recovery after the financial crisis. We show...
Persistent link: https://www.econbiz.de/10010460521
In this paper we assess the information content of seven widely cited early indicators for the euro area with respect to forecasting area-wide industrial production. To this end, we use various tests that are designed to compare competing forecast models. In addition to the standard...
Persistent link: https://www.econbiz.de/10010270748
This study analyses the performance of the International Monetary Fund (IMF) World Economic Outlook output forecasts for the world and for both the advanced economies and the emerging and developing economies. With a focus on the forecast for the current year and the next year, we examine the...
Persistent link: https://www.econbiz.de/10011877581