A daily fever curve for the Swiss economy.
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ABSTRACT:
SUBMITTER: Burri M
PROVIDER: S-EPMC7347051 | biostudies-literature | 2020
REPOSITORIES: biostudies-literature
Publications
A daily fever curve for the Swiss economy.
Burri Marc M Kaufmann Daniel D
Swiss journal of economics and statistics 20200709 1
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 h ...[more]
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