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Do Ifo Indicators Help Explain Revisions in German Industrial Production?

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  • Jan Jacobs
  • Jan-Egbert Sturm

Abstract

This paper studies the information content of some Ifo indicators. In particular, we investigate whether two Ifo indicators, one on the current business situation, the other on current production development, provide information on revisions of German industrial production. A new feature of our analysis is the construction and use of a real-time dataset. We conclude that the Ifo indicators play a role in explaining revisions, but counterintuitively the business situation indicator performs better than the production indicator.

Suggested Citation

  • Jan Jacobs & Jan-Egbert Sturm, 2004. "Do Ifo Indicators Help Explain Revisions in German Industrial Production?," CESifo Working Paper Series 1205, CESifo.
    • Handle: RePEc:ces:ceswps:_1205
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    References listed on IDEAS

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