(together with Boris Kozyrev), IWH Discussion Paper 6/2024 Abstract: In this study, we analyzed the forecasting and nowcasting performance of a generalized regression neural network (GRNN). We provide evidence from Monte Carlo simulations for the relative forecast performance of GRNN …

Forecasting Economic Activity Using a Neural Network in Uncertain Times: Monte Carlo Evidence and Application to the German GDP Read more »

(together with Stefan Kooths, Claus Michelsen, Torsten Schmidt and Timo Wollmershäuser) Wirtschafsdienst 100(4), 2020, 254-258 Abstract: According to the leading German economic research institutes, the German economy is experiencing a drastic slump as a result of the corona pandemic. In …

Economy in Shock – Financial Policy is Holding Up Read more »

(together with Joao Claudio and Katja Heinisch), Empirical Economics 58(1), 2020, 29-54 Abstract: Economic forecasts are an important element of rational economic policy both on the federal and on the local or regional level. Solid budgetary plans for government expenditures …

Nowcasting East German GDP growth: a MIDAS approach Read more »

(together with Roland Döhrn, Claus Michelsen, Stefan Kooths and Timo Wollmershäuser), Wirtschaftsdienst 98(10), 2018, 718-721. Abstract: The economic upturn in Germany is entering its sixth year but is losing momentum due to both demand and supply side factors. On the …

Upturn Loses Momentum – World Economic Climate Grows Harsher Read more »

IWH Press Release 22/2016, 9 June 2016 In 2016, the moderate upswing of the German economy continues. Incomes grow due to the steady expansion in employment, and the fall in energy prices has propped up the purchasing power of private …

The German Economy Benefits from Strong Domestic Demand Read more »