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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....
Persistent link: https://www.econbiz.de/10014232863
Die Vorhersage der Steuereinnahmen in Deutschland, wahrgenommen durch den Arbeitskreis Steuerschätzungen, ist ein wichtiges Instrument für die Aufstellung des Bundeshaushalts sowie der mittel - fristigen Finanzplanung und dient der Beurteilung weiterer fiskalpolitischer Maßnahmen. Durch diese...
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Die Lage am ostdeutschen Arbeitsmarkt hat sich seit 2005 deutlich verbessert und präsentierte sich auch in Zeiten der Wirtschafts- und Finanzkrise als äußerst robust. Zur Beurteilung der Arbeitsmarktlage bedarf es eines Indikators, der sich zum einen durch einen geringen Revisionsbedarf...
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The ifo Institute is Germany’s largest business survey provider, with the ifo Business Climate Germany as one of the most important leading indicators for gross domestic product. However, the ifo Business Survey is not solely limited to the Business Climate and also delivers a multitude of...
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We estimate potential regional industrial effects in case of a threatening gas deficit. For Germany, the reduction leads to a potential decrease in industrial value added by 1.6%. The heterogeneity across German states is remarkable, ranging from 2.2% for Rhineland-Palatinate to 0.7% for...
Persistent link: https://www.econbiz.de/10014469583
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...
Persistent link: https://www.econbiz.de/10014077188
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...
Persistent link: https://www.econbiz.de/10012892128