The Toll Index: Innovation-based Economic Telemetry

Nikos Askitas () and Klaus Zimmermann ()

No 31, IZA Policy Papers from Institute of Labor Economics (IZA)

Abstract: We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will be accessible there through the homepage. We further emphasize several policy recommendations regarding data.

Keywords: secondary data use; economic telemetry; MAUT; toll index; nowcasting (search for similar items in EconPapers)
JEL-codes: C82 E01 E32 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2011-10
New Economics Papers: this item is included in nep-cis
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Citations: View citations in EconPapers (2)

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Working Paper: The Toll Index. Innovation-based Economic Telemetry (2011)
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