Article in Journal
The Ifo Business Climate and turning points of the German business cycle
Klaus Abberger, Wolfgang Nierhaus
ifo Institut für Wirtschaftsforschung, München, 2007
ifo Schnelldienst, 2007, 60, Nr. 03, 26-31
ifo Institut für Wirtschaftsforschung, München, 2007
ifo Schnelldienst, 2007, 60, Nr. 03, 26-31
The Ifo Business Climate for industry and trade is a reliable and much-followed leading indicator for economic development in Germany. Calculations of the Ifo Institute confirm that the Ifo Index gives advance indication of business-cycle turning points. In the period examined - 1970 to 2006 - the Ifo Business Climate provided early signals for most of the cyclical turning points.
JEL Classification: L600
Included in
Journal (Complete Issue)
ifo Schnelldienst 03/2007
ifo Institut für Wirtschaftsforschung, München, 2007