Do Ifo Indicators Help Explain Revisions in German Industrial Production?

36 Pages Posted: 12 Jul 2004

See all articles by Jan P. A. M. Jacobs

Jan P. A. M. Jacobs

University of Groningen - Faculty of Economics and Business

Jan-Egbert Sturm

KOF Swiss Economic Institute, ETH Zurich; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: May 2004

Abstract

This paper studies the information content of some Ifo indicators. In particular, we investigate whether two Ifo indicators, one on the current business situation, the other on current production development, provide information on revisions of German industrial production. A new feature of our analysis is the construction and use of a real-time dataset. We conclude that the Ifo indicators play a role in explaining revisions, but counterintuitively the business situation indicator performs better than the production indicator.

Keywords: Ifo business survey indicators, German industrial production, real-time analysis, data revision

JEL Classification: C22, C53, C82

Suggested Citation

Jacobs, Jan P.A.M. and Sturm, Jan-Egbert, Do Ifo Indicators Help Explain Revisions in German Industrial Production? (May 2004). CESifo Working Paper Series No. 1205. Available at SSRN: https://ssrn.com/abstract=556694

Jan P.A.M. Jacobs (Contact Author)

University of Groningen - Faculty of Economics and Business ( email )

Postbus 72
9700 AB Groningen
Netherlands

Jan-Egbert Sturm

KOF Swiss Economic Institute, ETH Zurich ( email )

Zurich
Switzerland

HOME PAGE: http://www.kof.ethz.ch

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, 81679
Germany

HOME PAGE: http://www.cesifo.de

Register to save articles to
your library

Register

Paper statistics

Downloads
80
Abstract Views
975
rank
303,575
PlumX Metrics