The IW business cycle traffic lights: The state of the economy at a glance

Jan Cholewa, Henry Goecke and Michael Grömling

No 2/2016, IW-Reports from Institut der deutschen Wirtschaft (IW) / German Economic Institute

Abstract: There is no lack of information for diagnosing the development of an economy. The problem is more one of obtaining a concise summary. The IW Business Cycle Traffic Light captures at a glance the changes in important economic indicators for Germany, the Eurozone, the USA and China. This can only be achieved by establishing which improvements and deteriorations in the short-term development of the economy can be defined as relevant. Like its individual underlying indicators, the IW Business Cycle Traffic Light represents the status of information a varying number of months ago, thus partly reflecting the inevitable recognition lags in business cycle diagnosis.

JEL-codes: C82 E32 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:iwkrep:22016

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