The Toll Index: Innovation-Based Economic Telemetry
8 Pages Posted: 16 Jan 2012 Last revised: 20 Oct 2012
Date Written: December 16, 2011
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.
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
Suggested Citation: Suggested Citation