Edited by Georg Goldrian, formerly Senior Economist, Department of Business Surveys, Ifo Institute for Economic Research, University of Munich, Germany

• Contents:IntroductionPART I: PHENOMENON OF BUSINESS CYCLES1. The Importance of Representative Surveys of Enterprises forEmpirically Oriented Business Cycle ResearchGernot NerbPART II: BUSINESS SURVEYS OF THE IFO INSTITUTE2. Business Survey in ManufacturingWolfgang Ruppert3. Business Survey in ServicesHarald Blau4. Investment Survey in ManufacturingAnnette Weichselberger5. World Economic SurveyAnna Stangl6. Innovation SurveyHorst PenzkoferPART III: ANALYTICAL AND PROGNOSTIC SIGNIFICANCE OFSURVEY DATA7. Short-Term Industry Branch Forecasting Based on the Results ofthe Ifo Business SurveyGeorg Goldrian8. The Significance of the Ifo Business Survey Data at the RegionalLevelGeorg Goldrian9. Suitability of WES Data for Forecasting InflationSandra Hamella and Harry Haupt10. Methods of Economic Forecasting and Business Cycle IndicatorsWolfgang Nierhaus and Jan-Egbert Sturm11. Evaluation and Development of Composite Leading IndicatorsBased on Harmonised Business and Consumer SurveysJürg D. Lindlbauer12. A Leading Indicator Composed of Survey Data: Appropriate Construction and Prognostic SignificanceGeorg Goldrian13. Can the Ifo Business Climate Indicator Improve Short-Term GDPForecasts? Erich Langmantel14. The Accuracy of Turning Point Predictions with the Ifo BusinessClimateChristian Hott, André Kunkel and Gernot Nerb15. A Leading Indicator for Equipment InvestmentJoachim Gürtler16. Ifo Survey on Employment Plans: Sectoral EvaluationKlaus Abberger17. On the Methodology of Business Cycle AnalysisStefan Mittnik and Klaus WohlrabeIndex

Edited by Georg Goldrian, formerly Senior Economist, Department of Business Surveys, Ifo Institute for Economic Research, University of Munich, Germany

• Contents:IntroductionPART I: PHENOMENON OF BUSINESS CYCLES1. The Importance of Representative Surveys of Enterprises forEmpirically Oriented Business Cycle ResearchGernot NerbPART II: BUSINESS SURVEYS OF THE IFO INSTITUTE2. Business Survey in ManufacturingWolfgang Ruppert3. Business Survey in ServicesHarald Blau4. Investment Survey in ManufacturingAnnette Weichselberger5. World Economic SurveyAnna Stangl6. Innovation SurveyHorst PenzkoferPART III: ANALYTICAL AND PROGNOSTIC SIGNIFICANCE OFSURVEY DATA7. Short-Term Industry Branch Forecasting Based on the Results ofthe Ifo Business SurveyGeorg Goldrian8. The Significance of the Ifo Business Survey Data at the RegionalLevelGeorg Goldrian9. Suitability of WES Data for Forecasting InflationSandra Hamella and Harry Haupt10. Methods of Economic Forecasting and Business Cycle IndicatorsWolfgang Nierhaus and Jan-Egbert Sturm11. Evaluation and Development of Composite Leading IndicatorsBased on Harmonised Business and Consumer SurveysJürg D. Lindlbauer12. A Leading Indicator Composed of Survey Data: Appropriate Construction and Prognostic SignificanceGeorg Goldrian13. Can the Ifo Business Climate Indicator Improve Short-Term GDPForecasts? Erich Langmantel14. The Accuracy of Turning Point Predictions with the Ifo BusinessClimateChristian Hott, André Kunkel and Gernot Nerb15. A Leading Indicator for Equipment InvestmentJoachim Gürtler16. Ifo Survey on Employment Plans: Sectoral EvaluationKlaus Abberger17. On the Methodology of Business Cycle AnalysisStefan Mittnik and Klaus WohlrabeIndex

Edited by Georg Goldrian, formerly Senior Economist, Department of Business Surveys, Ifo Institute for Economic Research, University of Munich, Germany

• Contents:IntroductionPART I: PHENOMENON OF BUSINESS CYCLES1. The Importance of Representative Surveys of Enterprises forEmpirically Oriented Business Cycle ResearchGernot NerbPART II: BUSINESS SURVEYS OF THE IFO INSTITUTE2. Business Survey in ManufacturingWolfgang Ruppert3. Business Survey in ServicesHarald Blau4. Investment Survey in ManufacturingAnnette Weichselberger5. World Economic SurveyAnna Stangl6. Innovation SurveyHorst PenzkoferPART III: ANALYTICAL AND PROGNOSTIC SIGNIFICANCE OFSURVEY DATA7. Short-Term Industry Branch Forecasting Based on the Results ofthe Ifo Business SurveyGeorg Goldrian8. The Significance of the Ifo Business Survey Data at the RegionalLevelGeorg Goldrian9. Suitability of WES Data for Forecasting InflationSandra Hamella and Harry Haupt10. Methods of Economic Forecasting and Business Cycle IndicatorsWolfgang Nierhaus and Jan-Egbert Sturm11. Evaluation and Development of Composite Leading IndicatorsBased on Harmonised Business and Consumer SurveysJürg D. Lindlbauer12. A Leading Indicator Composed of Survey Data: Appropriate Construction and Prognostic SignificanceGeorg Goldrian13. Can the Ifo Business Climate Indicator Improve Short-Term GDPForecasts? Erich Langmantel14. The Accuracy of Turning Point Predictions with the Ifo BusinessClimateChristian Hott, André Kunkel and Gernot Nerb15. A Leading Indicator for Equipment InvestmentJoachim Gürtler16. Ifo Survey on Employment Plans: Sectoral EvaluationKlaus Abberger17. On the Methodology of Business Cycle AnalysisStefan Mittnik and Klaus WohlrabeIndex