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A daily fever curve for the Swiss economy

Auteur(s)
Burri, Marc 
Institut de recherches économiques 
Kaufmann, Daniel 
Institut de recherches économiques 
Maison d'édition
Neuchâtel Université de Neuchâtel Institut de recherches économiques
Date de parution
2020
Nombre de page
26
Mots-clés
  • Covid-19
  • Leading indicator
  • Financial market data
  • News sentiment
  • Forecasting
  • Switzerland
  • Covid-19

  • Leading indicator

  • Financial market data...

  • News sentiment

  • Forecasting

  • Switzerland

Résumé
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 one 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.
Notes
Working Paper
Identifiants
https://libra.unine.ch/handle/123456789/28290
Type de publication
working paper
Dossier(s) à télécharger
 main article: 2020-05-15_2768_3042.pdf (1.99 MB)
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