The Toll Index. Innovation-based Economic Telemetry
AbstractWe 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by German Council for Social and Economic Data (RatSWD) in its series Working Paper Series of the German Council for Social and Economic Data with number 188.
Date of creation: 2011
Date of revision:
nowcasting; toll index; MAUT; economic telemetry; secondary data use;
Other versions of this item:
- Askitas, Nikos & Zimmermann, Klaus F., 2011. "The Toll Index: Innovation-based Economic Telemetry," IZA Policy Papers 31, Institute for the Study of Labor (IZA).
- C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data
- E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Roland Döhrn, 2013. "Transportation Data as a Tool for Nowcasting Economic Activity – The German Road Pricing System as an Example," Ruhr Economic Papers 0395, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (RatSWD) The email address of this maintainer does not seem to be valid anymore. Please ask RatSWD to update the entry or send us the correct address.
If references are entirely missing, you can add them using this form.