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Wolters, J. Preiserwartungen der Unternehmer. . Eine empirische Untersuchung anhand der Ifo-Salden. Journal of Contextual Economics – Schmollers Jahrbuch, 106(6), 579-604. https://doi.org/10.3790/schm.106.6.579
Wolters, Jürgen "Preiserwartungen der Unternehmer. Eine empirische Untersuchung anhand der Ifo-Salden. " Journal of Contextual Economics – Schmollers Jahrbuch 106.6, 1986, 579-604. https://doi.org/10.3790/schm.106.6.579
Wolters, Jürgen (1986): Preiserwartungen der Unternehmer, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 106, iss. 6, 579-604, [online] https://doi.org/10.3790/schm.106.6.579

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Preiserwartungen der Unternehmer

Eine empirische Untersuchung anhand der Ifo-Salden

Wolters, Jürgen

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 106 (1986), Iss. 6 : pp. 579–604

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Wolters, Jürgen

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Abstract

This paper investigates the formation of price-expectations in the investment and consumer goods industry, using quarterly data of the Ifo-Business Test for the period 1960 to 1983. The explanatory variables and its dynamic structure are established on the basis of statistical decision criteria. The results show a high degree of habit-persistence behaviour. It seems that monetary growth has additional explanatory power at least for seasonal movements for investment goods price-expectations, whereas in consumer goods industry demand pull factors play an additional role.