IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Die ifo Konjunkturuhr: Ein Präzisionswerk zur Analyse der Wirtschaft

  • Klaus Abberger
  • Wolfgang Nierhaus


Das ifo Geschäftsklima, der wichtigste Indikator für die Konjunktur in Deutschland, ist als Mittelwert der beiden Komponenten »Geschäftslage« und »Geschäftserwartungen für die nächsten sechs Monate« definiert. 1993 wurde vom ifo Institut der zyklische Zusammenhang zwischen den beiden Komponenten des Geschäftsklimas erstmals in einem Vier-Quadranten-Konjunkturphasenschema dargestellt: die ifo Konjunkturuhr. Anders als beim üblichen Entwicklungsmuster von Indikatoren auf der Zeitachse bewegt sich die Konjunktur – visualisiert als Lage-Erwartungsgraph – in diesem Diagramm kreisförmig im Uhrzeigersinn, weil der Erwartungsindikator dem Geschäftslageindikator vorauseilt. Dieser Beitrag zeigt die wichtigsten Eigenschaften der ifo Konjunkturuhr auf.

If 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.

File URL:
Download Restriction: no

Article provided by Ifo Institute for Economic Research at the University of Munich in its journal ifo Schnelldienst.

Volume (Year): 61 (2008)
Issue (Month): 23 (December)
Pages: 16-24

in new window

Handle: RePEc:ces:ifosdt:v:61:y:2008:i:23:p:16-24
Contact details of provider: Postal: Poschingerstrasse 5, 81679 Munich, Germany
Phone: +49 (89) 9224-0
Fax: +49 (89) 985369
Web page:

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Canova, Fabio, 1993. "Detrending and Business Cycle Facts," CEPR Discussion Papers 782, C.E.P.R. Discussion Papers.
  2. Wolfgang Nierhaus, 2007. "Vierteljährliche volkswirtschaftliche Gesamtrechnungen für Sachsen mit Hilfe temporaler Disaggregation," ifo Dresden berichtet, Ifo Institute for Economic Research at the University of Munich, vol. 14(04), pages 24-36, 08.
  3. Klaus Abberger, 2005. "Another Look at the Ifo Business Cycle Clock," Journal of Business Cycle Measurement and Analysis, OECD Publishing,Centre for International Research on Economic Tendency Surveys, vol. 2005(3), pages 431-443.
  4. Klaus Abberger & Klaus Wohlrabe, 2006. "Einige Prognoseeigenschaften des ifo Geschäftsklimas - Ein Überblick über die neuere wissenschaftliche Literatur," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 59(22), pages 19-26, November.
  5. Klaus Abberger & Wolfgang Nierhaus, 2007. "Das ifo Geschäftsklima: Ein zuverlässiger Frühindikator," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 60(05), pages 25-30, 03.
  6. Klaus Abberger & Wolfgang Nierhaus, 2008. "Die ifo Kapazitätsauslastung - ein gleichlaufender Indikator der deutschen Industriekonjunktur," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 61(16), pages 15-23, 08.
  7. Chow, Gregory C & Lin, An-loh, 1971. "Best Linear Unbiased Interpolation, Distribution, and Extrapolation of Time Series by Related Series," The Review of Economics and Statistics, MIT Press, vol. 53(4), pages 372-75, November.
  8. Wolfgang Nierhaus & Willi Leibfritz, 1993. "Westdeutsche Wirtschaft : wie tief ist die Rezession?," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 46(07), pages 10-15, October.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:61:y:2008:i:23:p:16-24. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Klaus Wohlrabe)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.