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The Toll Index: Innovation-Based Economic TelemetryNikos AskitasInstitute for the Study of Labor (IZA) Klaus F. ZimmermannInstitute for the Study of Labor (IZA); German Institute for Economic Research (DIW Berlin); University of Bonn; Journal of Population Economics; Centre for Economic Policy Research (CEPR) December 16, 2011 RatSWD Working Paper No. 188 Abstract: We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will be accessible there through the homepage. We further emphasize several policy recommendations regarding data.
Number of Pages in PDF File: 8 Keywords: ratswd, ratswd working paper, germany, policy, idsc, iza, nowcasting, toll index, MAUT, economic telemetry, secondary data use, data, reuse, indicator JEL Classification: C82, E01, E32 working papers seriesDate posted: January 16, 2012 ; Last revised: October 20, 2012Suggested CitationContact Information
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