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.

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 :

Get Book Here

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.

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


Micro Data at the Ifo Institute for Economic Research

Micro Data at the Ifo Institute for Economic Research PDF Author: Sascha O. Becker
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


How Global Currencies Work

How Global Currencies Work PDF Author: Barry Eichengreen
Publisher: Princeton University Press
ISBN: 0691191867
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the history of the modern global economy seems to support the long-held view that the currency of the world’s leading power invariably dominates international trade and finance. But in How Global Currencies Work, three noted economists overturn this conventional wisdom. Offering a new history of global finance over the past two centuries and marshaling extensive new data to test current theories of how global currencies work, the authors show that several national monies can share international currency status—and that their importance can change rapidly. They demonstrate how changes in technology and international trade and finance have reshaped the landscape of international currencies so that several international financial standards can coexist. In fact, they show that multiple international and reserve currencies have coexisted in the past—upending the traditional view of the British pound’s dominance before 1945 and the U.S. dollar’s postwar dominance. Looking forward, the book tackles the implications of this new framework for major questions facing the future of the international monetary system, including how increased currency competition might affect global financial stability.

Producer Dynamics

Producer Dynamics PDF Author: Timothy Dunne
Publisher: University of Chicago Press
ISBN: 0226172570
Category : Business & Economics
Languages : en
Pages : 623

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Book Description
The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.

Handbook of Economic Expectations

Handbook of Economic Expectations PDF Author: Ruediger Bachmann
Publisher: Elsevier
ISBN: 0128234768
Category : Business & Economics
Languages : en
Pages : 876

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Book Description
Handbook of Economic Expectations discusses the state-of-the-art in the collection, study and use of expectations data in economics, including the modelling of expectations formation and updating, as well as open questions and directions for future research. The book spans a broad range of fields, approaches and applications using data on subjective expectations that allows us to make progress on fundamental questions around the formation and updating of expectations by economic agents and their information sets. The information included will help us study heterogeneity and potential biases in expectations and analyze impacts on behavior and decision-making under uncertainty. - Combines information about the creation of economic expectations and their theories, applications and likely futures - Provides a comprehensive summary of economics expectations literature - Explores empirical and theoretical dimensions of expectations and their relevance to a wide array of subfields in economics

Business Tendency Surveys A Handbook

Business Tendency Surveys A Handbook PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264177442
Category :
Languages : en
Pages : 130

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Book Description
This handbook is a practical manual on the design and implementation of business tendency surveys, which ask company managers about the current situation of their business and about their plans and expectations for the future.

Handbook on Economic Tendency Surveys

Handbook on Economic Tendency Surveys PDF Author: United Nations Publications
Publisher:
ISBN: 9789211616040
Category : Political Science
Languages : en
Pages : 0

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Book Description
The Handbook on Economic Tendency Surveys provides best practices and harmonized principles on how to conduct economic tendency survey from sample selection, questionnaire design, survey questions, survey execution, to data processing and dissemination. It also provides examples of uses of these surveys, for example, for composite tendency indicators. These surveys provide qualitative information that cannot be collected using other quantitative statistical methods. They also serve as an integral part of an early warning system because they provide information about the occurrence and timing of upturns and downturns of the economy.

Mobile Phone Panel Surveys in Developing Countries

Mobile Phone Panel Surveys in Developing Countries PDF Author: Andrew Dabalen
Publisher: World Bank Publications
ISBN: 1464809054
Category : Technology & Engineering
Languages : en
Pages : 142

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Book Description
Household survey data are very useful for monitoring living conditions of citizens of any country. In developing countries, a lot of this data are collected through “traditional†? face-to-face household surveys. Due to the remote and dispersed nature of many populations in developing countries, but also because of the complex nature of many survey questionnaires, collection of timely welfare data has often proved expensive and logistically challenging. Yet, there is a need for faster, cheaper to collect, lighter, more nimble data collection methods to address data gaps between big household surveys. The recent proliferation of mobile phone networks has opened new possibilities. By combining baseline data from a traditional household survey with subsequent interviews of selected respondents using mobile phones, this facilitates welfare monitoring and opinion polling almost real time. The purpose of this handbook is to contribute to the development of the new field of mobile phone data collection in developing countries. The handbook documents how this innovative approach to data collection works, its advantages and challenges. The handbook draws primarily from the authors’ first-hand experiences with mobile phone surveys in Africa and also benefits from experiences elsewhere. It is intended to serve a diverse audience including those involved in collecting (representative) data using mobile phones, and those using data collected through this approach. For those who will be implementing a mobile phone panel survey, the different chapters guide them through every stage of the implementation process. For potential users of the data collected via mobile phone technology, the handbook presents a new approach to data collection which they can use for monitoring programs and facilitate almost real time decision-making. A further purpose of this book is to contribute to the debate regarding the advantages of the method as well as the challenges associated with it.

Guidelines on data disaggregation for SDG Indicators using survey data

Guidelines on data disaggregation for SDG Indicators using survey data PDF Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
ISBN: 9251339422
Category : Business & Economics
Languages : en
Pages : 145

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Book Description
As a member of the working group on data disaggregation, the Food and Agriculture Organization of the United Nations (FAO) has taken numerous steps towards supporting Member Countries in the production of disaggregated estimates. Within this framework, these Guidelines offer methodological and practical guidance for the production of direct and indirect disaggregated estimates of SDG indicators having surveys as their main or preferred data source. Furthermore, the publication provides tools to assess the accuracy of these estimates and presents strategies for the improvement of output quality, including Small Area Estimation methods.