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Remarks on a study of the forecast quality of the Ifo business expectations and the ZEW business-cycle expectations

Author

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  • Georg Goldrian

Abstract

A comparison of the forecast performance of the Ifo business expectations and the ZEW business-cycle expectations shows that although the lead time of the Ifo indicator is shorter, it is also more stabile. The marked variance of the ZEW indicator only permits a correspondingly imprecise dating of expected economic developments. The early indicator quality of the Ifo business expectations holds up well in this comparison.

Suggested Citation

  • Georg Goldrian, 2001. "Remarks on a study of the forecast quality of the Ifo business expectations and the ZEW business-cycle expectations," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(10), pages 1-33, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:10:p:33
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    File URL: https://www.ifo.de/DocDL/ifosd_2001_10_7.pdf
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    Cited by:

    1. Steiner, Christian & Groß, Anne & Entorf, Horst, 2009. "Return and Volatility Reactions to Monthly Announcements of Business Cycle Forecasts: An Event Study Based on High-Frequency Data," ZEW Discussion Papers 09-010, ZEW - Leibniz Centre for European Economic Research.

    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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