Die Corona-Krise untermauerte die Notwendigkeit unkonventioneller Datenquellen zur zeitnahen Beurteilung der aktuellen Wirtschaftslage. Besonders schwierig ist die Datenlage der Bundesländer. In diesem Forschungsbericht wird untersucht, ob sich hochfrequente Angaben zum bayerischen...

In this paper, we use high-frequency transaction data to develop a weekly tracker for private consumption expenditures. Furthermore, we apply the transaction data in a nowcasting experiment and compare their performance with other, readily available indicators that are regularly linked to...

In this paper, we study the predictive power of electricity consumption data for regional economic activity. Using unique weekly and monthly electricity consumption data for the second-largest German state, the Free State of Bavaria, we conduct a pseudo out-of-sample forecasting experiment for...

In this paper, we study the predictive power of electricity consumption data for regional economic activity. Using unique weekly and monthly electricity consumption data for the second-largest German state, the Free State of Bavaria, we conduct a pseudo out-of-sample forecasting experiment for...

This paper investigates the macroeconomic projections of the German government since the 1970s and compares it those of the Joint Economic Forecast, which is an in-dependent forecasting institution in Germany. Our results indicate that nominal GDP projections are upward biased for longer...

Accurate real-time macroeconomic data are essential for policy-making and economic nowcasting. In this paper, I introduce a real-time database for German regional economic accounts (READ-GER). The database contains real-time information for nine macroeconomic aggregates and the 16 German states....

In this study, we evaluate whether survey-based indicators produce lower forecast errors for export growth than indicators obtained from hard data such as price and cost competitiveness measures. Our pseudo out-of-sample analyses and forecastencompassing tests reveal that survey-based indicators...