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Blacking out
The partial shutdown of the economy following the outbreak of the COVID-19 pandemic has highlighted the lack of measurements of economic activity that are available with a short lag and at high frequency. The consumption of electricity turns out to be a valuable proxy, if it is corrected for influen...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Springer International Publishing
2020
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7376327/ https://www.ncbi.nlm.nih.gov/pubmed/32835027 http://dx.doi.org/10.1186/s41937-020-00052-y |
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author | Lengwiler, Yvan |
author_facet | Lengwiler, Yvan |
author_sort | Lengwiler, Yvan |
collection | PubMed |
description | The partial shutdown of the economy following the outbreak of the COVID-19 pandemic has highlighted the lack of measurements of economic activity that are available with a short lag and at high frequency. The consumption of electricity turns out to be a valuable proxy, if it is corrected for influences from calendar and weather. Indeed, this proxy suggests that we are currently facing one of the deepest recessions ever. |
format | Online Article Text |
id | pubmed-7376327 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
publisher | Springer International Publishing |
record_format | MEDLINE/PubMed |
spelling | pubmed-73763272020-07-23 Blacking out Lengwiler, Yvan Swiss J Econ Stat Original Article The partial shutdown of the economy following the outbreak of the COVID-19 pandemic has highlighted the lack of measurements of economic activity that are available with a short lag and at high frequency. The consumption of electricity turns out to be a valuable proxy, if it is corrected for influences from calendar and weather. Indeed, this proxy suggests that we are currently facing one of the deepest recessions ever. Springer International Publishing 2020-07-23 2020 /pmc/articles/PMC7376327/ /pubmed/32835027 http://dx.doi.org/10.1186/s41937-020-00052-y Text en © The Author(s) 2020 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/. |
spellingShingle | Original Article Lengwiler, Yvan Blacking out |
title | Blacking out |
title_full | Blacking out |
title_fullStr | Blacking out |
title_full_unstemmed | Blacking out |
title_short | Blacking out |
title_sort | blacking out |
topic | Original Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7376327/ https://www.ncbi.nlm.nih.gov/pubmed/32835027 http://dx.doi.org/10.1186/s41937-020-00052-y |
work_keys_str_mv | AT lengwileryvan blackingout |