A daily fever curve for the Swiss economy

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 compute...

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Detalles Bibliográficos
Autores principales: Burri, Marc, Kaufmann, Daniel
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2020
Materias:
Original Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7347051/
https://www.ncbi.nlm.nih.gov/pubmed/32835026
http://dx.doi.org/10.1186/s41937-020-00051-z
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author Burri, Marc
Kaufmann, Daniel
author_facet Burri, Marc
Kaufmann, Daniel
author_sort Burri, Marc
collection PubMed
description 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.
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spelling pubmed-73470512020-07-10 A daily fever curve for the Swiss economy Burri, Marc Kaufmann, Daniel Swiss J Econ Stat Original Article 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. Springer International Publishing 2020-07-09 2020 /pmc/articles/PMC7347051/ /pubmed/32835026 http://dx.doi.org/10.1186/s41937-020-00051-z Text en © The Author(s) 2020 https://creativecommons.org/licenses/by/4.0/Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Original Article
Burri, Marc
Kaufmann, Daniel
A daily fever curve for the Swiss economy
title A daily fever curve for the Swiss economy
title_full A daily fever curve for the Swiss economy
title_fullStr A daily fever curve for the Swiss economy
title_full_unstemmed A daily fever curve for the Swiss economy
title_short A daily fever curve for the Swiss economy
title_sort daily fever curve for the swiss economy
topic Original Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7347051/
https://www.ncbi.nlm.nih.gov/pubmed/32835026
http://dx.doi.org/10.1186/s41937-020-00051-z
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