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Ifo Survey Data in Business Cycle and Monetary Policy Analysis

  • Jan-Egbert Sturm
  • Timo Wollmershäuser

Part of the Contributions to Economics book series (CE)

Table of contents

About these proceedings

Introduction

The business surveys of the Ifo Institute (short for Information and Forschung) are internationally renowned. Every month close to 7,000 enterprises are questioned on their short-term planning and their appraisals of the actual and future business situation. The confidence indicator frequently referred to as the Ifo Business Climate Index is derived from the responses to this Ifo Business Survey. While the Index attracts a lot of attention by practitioners (especially financial market analysts), the use and empirical exploitation of this and other components of Ifo business surveys is – amongst academics – still relatively scarce. The present volume, based on a conference entitled "The Academic Use of Ifo Survey Data", gives examples of timely research questions which can be addressed by qualitative survey data like the monthly Ifo Business Survey. It shows that this type of real-time data can be very informative when it comes to forecasting real economic activity or exploring monetary policy transmission.

 

Keywords

Business Survey Empirical Economics Forecasting Business Cycle Monetary Policy Survey Data calculus linear optimization

Editors and affiliations

  • Jan-Egbert Sturm
    • 1
    • 2
  • Timo Wollmershäuser
    • 3
  1. 1.Department of EconomicsUniversity of KonstanzKonstanzGermany
  2. 2.TWI — Thurgau Institute of EconomicsKreuzlingen 2Switzerland
  3. 3.Ifo Institute for Economic ResearchMunichGermany

Bibliographic information

  • DOI https://doi.org/10.1007/b138140
  • Copyright Information Physica-Verlag Heidelberg 2005
  • Publisher Name Physica-Verlag HD
  • eBook Packages Business and Economics
  • Print ISBN 978-3-7908-0174-3
  • Online ISBN 978-3-7908-1605-1
  • Series Print ISSN 1431-1933
  • Buy this book on publisher's site