On the Time Shape of Economic Microvariables and the Munich Business Test

Abstract

The monthly surveys of the Munich Institut für Konjunkturforschung must be considered as an interesting attempt to supply economic information of a type which is otherwise not readily available. They give us percentages of entrepreneurs of a great many branches of industry whose prices, stocks, production, etc. have increased, decreased or remained constant as compared with the preceding month; and, hence, they tell us something about the development of certain microvariables over time, whereas the usual published material gives no more than macrovalues.