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2015-05-21Buch DOI: 10.18452/4585
The Information Content of Monetary Statistics for the Great Recession
dc.contributor.authorChen, Wenjuan
dc.contributor.authorNautz, Dieter
dc.date.accessioned2017-06-16T01:15:51Z
dc.date.available2017-06-16T01:15:51Z
dc.date.created2015-08-24
dc.date.issued2015-05-21
dc.date.submitted2015-05-21
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/5237
dc.description.abstractAbstract: This paper introduces a Divisia monetary aggregate for Germany and explores its information content for the Great Recession. Divisia money and the corresponding simple sum aggregate are highly correlated in normal times but begin to diverge before the crisis. Out of sample forecast analysis and a conditional forecast exercise show that the predictive content of this divergence for the Great Recession is not only statistically significant, but also economically important.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subjectGreat Recessioneng
dc.subjectMonetary aggregateseng
dc.subjectDivisia indexeng
dc.subjectrecession indicatoreng
dc.subject.ddc310 Statistik
dc.subject.ddc330 Wirtschaft
dc.titleThe Information Content of Monetary Statistics for the Great Recession
dc.typebook
dc.subtitleEvidence from Germany
dc.identifier.urnurn:nbn:de:kobv:11-100231861
dc.identifier.doihttp://dx.doi.org/10.18452/4585
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages23
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2015
local.edoc.container-issue27
local.edoc.container-year2015
local.edoc.container-erstkatid2195055-6

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