Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19477
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dc.creatorKnetsch, Thomas A.-
dc.date2004-
dc.date.accessioned2013-10-16T07:05:11Z-
dc.date.available2013-10-16T07:05:11Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19477-
dc.identifierppn:386889457-
dc.identifierRePEc:zbw:bubdp1:2019-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19477-
dc.descriptionInventory fluctuations are an important phenomenon in business cycles. However, the preliminary data on inventory investment as published in the German national accounts are tremendously prone to revision and therefore ill-equipped to diagnose the current stance of the inventory cycle. The Ifo business survey contains information on the assessments of inventory stocks in manufacturing as well as in retail andwholesale trade. Static factor analysis anda methodbuild ing on canonical correlations are appliedto construct a composite index of inventory fluctuations. Based on recursive estimates, the different variants are assessedas regards the stability of the weighting schemes andthe ability to forecast the "true" inventory fluctuations better than the preliminary official releases.-
dc.languageeng-
dc.relationDiscussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2004,10-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectE22-
dc.subjectC32-
dc.subjectC52-
dc.subjectddc:330-
dc.subjectinventory investment-
dc.subjectrevisions-
dc.subjectcomposite indices-
dc.subjectcanonical correlation-
dc.subjectfactor models-
dc.subjectnational accounts data-
dc.subjectIfo business survey-
dc.subjectGermany-
dc.subjectLagerzyklus-
dc.subjectKonjunkturumfrage-
dc.subjectSchätzung-
dc.subjectDeutschland-
dc.titleEvaluating the German Inventory Cycle Using Data from the Ifo Business Survey-
dc.typedoc-type:workingPaper-
dc.coverage1970-2003-
Appears in Collections:EconStor

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