Many European nations today are willing to give up conscription system. In some other countries a more or less heated debate on maintaining or abandoning conscription has begun. Those countries that hold conscription have significantly reduced the share of conscripts in their armed forces. In...

In this paper we propose a relatively simple procedure to predict Euro-zone industrial production using mostly data derived from the business surveys of the three major economies within the European Monetary Union (France, Germany, and Italy). The basic idea is that of estimating business...