Factsheet for measure
DE-2008-1/2599
– measures in Germany
IMK Economic Performance Indicator
IMK Konjunkturindikator
Background information
The 'Institut für Makroökonomie und Konjunkturforschung' ([Macroeconomic Policy Institute, IMK] of the Hans Böckler Foundation publishes the IMK Economic Performance Indicator.
The aim is to provide a real-time indicator for the likelyhood of a recession or a boom in economic activity on a monthly basis.
The Hans Böckler Foundation is the co-determination, study and research funding organisation of the German Trade Union Confederation.
Content of measure
The IMK Economic Performance Indicator estimates the probability of a recession or a boom within the next two to three months. A recession is considered to be a considerable decrease of industrial production, whereby different levels are possible (such as a decrease of production by at least 1% for 5 months or a decrease of 0.5% for 10 months).
The probabilities are calculated on the basis of data combinations which in the past resulted in recessions. The data are derived from the financial markets as well as indicators of the real economy, such as interest spreads or order levels. Results are published monthly
A list of recent publications using data from the IMK Economic Performance Indicator is published on the IMK's website.
Use of measure
Data from the IMK Economic Performance Indicator are used by research projects, in politics, by social partners, and in economic media coverage (see, for example, Handelsblatt 2022, or Tagesschau 2022).
Target groups
|
Workers
|
Businesses
|
Citizens
|
|
Applies to all workers
|
Applies to all businesses
|
Does not apply to citizens
|
Actors and funding
|
Actors
|
Funding
|
Trade unions
|
Trade union
|
Social partners
Social partners' role in
designing the measure
and form of involvement:
|
Trade unions
|
Employers' organisations
|
|
Role
|
Unknown
|
Unknown
|
|
Form
|
Not applicable
|
Not applicable
|
Social partners' role in the
implementation, monitoring and assessment phase:
-
Unknown
-
Main level of involvement: Unknown
Involvement
The IMK is an institute of the Hans Böckler Foundation (HBS). The HBS is affiliated with the German Trade Union Confederation (DGB).
Views and reactions
Unknown
Sources
