Ifo Survey Data in Business Cycle and Monetary Policy Analysis

Ifo Survey Data in Business Cycle and Monetary Policy Analysis PDF Author: Jan-Egbert Sturm
Publisher: Springer Science & Business Media
ISBN: 3790816051
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
A pilot ?ying to a distant city needs to check his position, ?ight path and weather conditions, and must constantly keep his plane under control to land safely.TheIfosurveydataprovideadvanceinformationonchangingeconomic weather conditions and help keep the economy under control. To be sure, by their very nature they only provide short-term information. But like a plane, the economy will not be able to reach its long-term goals if it strays o? course in the short term. The Ifo survey data provide the most comprehensive and accurate, - to-date database in Europe on the state of the business cycle, and the Ifo climate indicator, sometimes simply called “The Ifo”, is the most frequently cited indicator of its kind in Europe. Both the European stock market and theeuroreacttoourindicator.Ifo’smethodologyfordeterminingthebusiness climateindicatorhasbeenexportedtomorethan?ftycountries,mostrecently toTurkeyandChina.TheIfopeoplewereproudtohavebeenaskedtohelpset up polling systems in these countries. It is said that the Chinese government relies more on their “Ifo indicator” than on their o?cial accounting statistics.

Ifo Survey Data in Business Cycle and Monetary Policy Analysis

Ifo Survey Data in Business Cycle and Monetary Policy Analysis PDF Author: Jan-Egbert Sturm
Publisher: Springer Science & Business Media
ISBN: 3790816051
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
A pilot ?ying to a distant city needs to check his position, ?ight path and weather conditions, and must constantly keep his plane under control to land safely.TheIfosurveydataprovideadvanceinformationonchangingeconomic weather conditions and help keep the economy under control. To be sure, by their very nature they only provide short-term information. But like a plane, the economy will not be able to reach its long-term goals if it strays o? course in the short term. The Ifo survey data provide the most comprehensive and accurate, - to-date database in Europe on the state of the business cycle, and the Ifo climate indicator, sometimes simply called “The Ifo”, is the most frequently cited indicator of its kind in Europe. Both the European stock market and theeuroreacttoourindicator.Ifo’smethodologyfordeterminingthebusiness climateindicatorhasbeenexportedtomorethan?ftycountries,mostrecently toTurkeyandChina.TheIfopeoplewereproudtohavebeenaskedtohelpset up polling systems in these countries. It is said that the Chinese government relies more on their “Ifo indicator” than on their o?cial accounting statistics.

Handbook of Survey- Based Business Cycle Analysis

Handbook of Survey- Based Business Cycle Analysis PDF Author: Georg Goldrian
Publisher: Edward Elgar Publishing
ISBN: 9781781954362
Category : Reference
Languages : en
Pages : 272

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Book Description
This Handbook aims to provide an overview of regular survey activities, as well as to show how survey results can be used scientifically in the context of business-cycle analysis and forecasting. - Examples of various business surveys are described in detail, starting with their objectives, the questions they pose, how they are weighted and extrapolated and the representativeness of their results. A detailed scientific examination of the explanatory value of the data is also made in order to demonstrate their potential usefulness. The Handbook has three parts: firstly, it presents the importance of business surveys for empirical research. Secondly, selected surveys are introduced in detail such as the Ifo Business Survey and the Ifo Investment Survey, and thirdly, a broad spectrum of studies on the consequence of the survey results is presented. The significance of the surveys applied equally to business cycle analysis and to forecasting. An array of modern methods of time series analysis and econometric model construction is used in these investigations.

Handbook of Ifo Surveys

Handbook of Ifo Surveys PDF Author: Stefan Sauer
Publisher:
ISBN: 9783959421225
Category :
Languages : en
Pages : 0

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Book Description


In Search of Economic Indicators

In Search of Economic Indicators PDF Author: W.H. Strigel
Publisher: Springer Science & Business Media
ISBN: 3642483046
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
The object of this collection of essays is to acquaint the English speaking reader with the work of the IFO Institute for Economic Re search, tlunich, in the field of business cycle surveys. These written surveys of about 10,000 businessmen in the West German economy collect information which is not otherwise contained in the official statis tics. The information in question primarily involves entrepreneurial judgements and anticipations (plans and expectations). These variables have proved to be very useful for economic diagnosis and prognosis. In the meantime, the survey methods developed by the IFO Institute have been adopted by 16 different countries throughout the world. The monthly business cycle surveys carried out by the EEC Commission, Brussels, in the industries of the member countries are also based to a large extent on the IFO methods. This is the first publication in English to furnish a comprehensive review of the IFO survey technique and the possibilities of utilization of this survey method in business cycle research. Efforts to develop new economic indicators on the basis of judgement and anticipation data have not yet terminated; many theoretical and methodical questions have still to be answered, and perhaps many have yet to be posed. Accordingly, the following collection of ten essays is not a final stock-taking but an interim report on several paths taken by the IFO Institute in its search for economic indicators. Possibly, some of these will later prove to have been a roundabout way.

Business Cycle Analysis and Expectational Survey Data

Business Cycle Analysis and Expectational Survey Data PDF Author: Victor Zarnowitz
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 54

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Book Description


The Palgrave Handbook of European Banking

The Palgrave Handbook of European Banking PDF Author: Thorsten Beck
Publisher: Springer
ISBN: 1137521449
Category : Business & Economics
Languages : en
Pages : 691

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Book Description
This handbook presents a timely collection of original studies on relevant themes, policies and developments in European banking. The contributors analyse how the crisis years have had a long lasting impact on the structure of European banking and explore the regulatory architecture that has started to take form in their wake. Academic experts and senior policy makers have contributed to this volume, which is organized in five main parts. The first part presents an overview of European banking through the crisis and beyond. The second part analyses performance and innovation in EU banking markets. The third part discusses the key regulatory changes aimed at fostering financial stability. Part four looks at the relevance of cross-border banking and part five presents a detailed analysis of the main EU banking markets. This is a highly informative and carefully presented handbook, which provides thought-provoking insights into the past, present and future landscapes of European banking. It will appeal to a wide readership, from scholars and students, through to researchers, practitioners and policy-makers.

People’s Republic of China

People’s Republic of China PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
People’s Republic of China: Selected Issues

Harmonization and Interpretation of the Ifo Business Survey's Micro Data

Harmonization and Interpretation of the Ifo Business Survey's Micro Data PDF Author: Sebastian Link
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Every month, the ifo Business Survey (IBS) asks a representative set of 9000 German firms about their current and expected economic conditions. Thus, the micro data of the IBS are ideally suited to study various aspects of firm behavior. However, methodological heterogeneities between different subsets of the IBS have prevented joint analyses of firms in all main sectors of the economy. This paper expands the scope for economic research based on the IBS by presenting a harmonization procedure that overcomes these heterogeneities and that improves the possibility to merge firms to administrative industry-specific data at disaggregate levels. Moreover, the paper exploits the harmonized dataset to shed light on the interpretation of the most widely recognized variables in the IBS: firms' current business conditions and their expectations for the next six months. The results show that firms' assessments are strongly related to current and future levels in revenues and speak in favor of interpreting both questions as referring to the similar dimension of the same latent variable.

The Design of the Eurosystem's Monetary Policy Instruments

The Design of the Eurosystem's Monetary Policy Instruments PDF Author: Ulrike Neyer
Publisher: Springer Science & Business Media
ISBN: 3790819786
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. To do so, a theoretical model framework is developed which brings together the monetary policy activities of a central bank and the liquidity management of banks considering the main characteristics and institutional features of the euro area.

Governance of Public Sector Organizations

Governance of Public Sector Organizations PDF Author: P. Lægreid
Publisher: Springer
ISBN: 0230290604
Category : Political Science
Languages : en
Pages : 352

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Book Description
Governance of Public Sector Organizations a nalyzes recent changes in government administration by focusing on organizational forms and their effects. Contributors to this edited volume demonstrate how generations of reform result in increased complexity of government organizations, and explain this layering process with multiple theories.