A daily fever curve for the Swiss economy.
- Burri M Institute of Economic Research, University of Neuchâtel, Rue A.-L. Breguet 2, Neuchâtel, 2000 Switzerland.
- Kaufmann D Institute of Economic Research, University of Neuchâtel, Rue A.-L. Breguet 2, Neuchâtel, 2000 Switzerland.
- 2020-08-25
Published in:
- Swiss journal of economics and statistics. - 2020
English
Because macroeconomic data is published with a substantial delay, assessing the health of the economy during the rapidly evolving COVID-19 crisis is challenging. We develop a fever curve for the Swiss economy using publicly available daily financial market and news data. The indicator can be computed with a delay of 1 day. Moreover, it is highly correlated with macroeconomic data and survey indicators of Swiss economic activity. Therefore, it provides timely and reliable warning signals if the health of the economy takes a turn for the worse.
- Language
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- English
- Open access status
- gold
- Identifiers
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- DOI 10.1186/s41937-020-00051-z
- PMID 32835026
- Persistent URL
- https://sonar.ch/global/documents/158981
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