Business clock
A business cycle clock is a graphic representation of a business cycle that shows the various economic situations in an economy . It provides the link between assessment and expectations in a four quadrant - diagram represents Ideal Typically, an economy moves clockwise by the four fields..
Economic phase | expectations | Assessment of the situation |
---|---|---|
recession | negative | negative |
Boom | positive | negative |
boom | positive | positive |
Downturn | negative | positive |
1 according to the system used in the ifo business climate index |
See also
Web links
- Klaus Abberger and Wolfgang Nierhaus: The Ifo Business Clock: Circular Correlation with Gross Domestic Product (PDF file; 284 kB) In: Ifo Schnelldienst . Volume 63, No. 5, 2010, pp. 32-43.
- Ifo Business Climate with the Ifo Business Cycle Clock