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In a pioneering attempt we present the R(ecession)-word index for Switzerland. We evaluate its predictive ability of GDP growth using real-time vintages of GDP data, closely simulating flow of information in the past. We find that inclusion of the R-word index led to statistically significant...
Persistent link: https://www.econbiz.de/10010319709
On the basis of keyword searches in newspaper articles several versions of the Recession-word Index (RWI) are constructed for Germany and Switzerland. We use these indices in order to track the business cycle dynamics in these two countries. Our main findings are the following. First, we show...
Persistent link: https://www.econbiz.de/10010319719
In this study we construct the R(ecession)-word index for Switzerland. To the best of our knowledge, this has never been done before. We evaluate the extent to which the inclusion of the index contributes to more accurate forecasts of GDP growth compared with a benchmark auto-regressive model....
Persistent link: https://www.econbiz.de/10013104620
Persistent link: https://www.econbiz.de/10010195949
On the basis of keyword searches in newspaper articles several versions of the Recession-word Index (RWI) are constructed for Germany and Switzerland. We use these indices in order to track the business cycle dynamics in these two countries. Our main findings are the following. First, we show...
Persistent link: https://www.econbiz.de/10009757256
In a pioneering attempt we present the R(ecession)-word index for Switzerland. We evaluate its predictive ability of GDP growth using real-time vintages of GDP data, closely simulating flow of information in the past. We find that inclusion of the R-word index led to statistically significant...
Persistent link: https://www.econbiz.de/10009557782
Persistent link: https://www.econbiz.de/10011432925
On the basis of keyword searches in newspaper articles, several versions of the Recession-Word Index (RWI) are constructed for Germany and Switzerland. We use these indices in order to track the business cycle dynamics in these two countries. Our main findings are the following. First, we show...
Persistent link: https://www.econbiz.de/10013080509
Die KOF hat für den Branchenverband VISCOM und die Gewerkschaft Syndicom eine Umfrage bei den Unternehmen der grafischen Industrie durchgeführt. Die Schweizer Unternehmen der grafischen Industrie haben zwar unter der jüngsten Rezession gelitten, für die Zukunft erwarten sie aber eine...
Persistent link: https://www.econbiz.de/10009303722
Persistent link: https://www.econbiz.de/10011386849