Open access
Date
2020-12Type
- Journal Article
Abstract
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. Show more
Permanent link
https://doi.org/10.3929/ethz-b-000426945Publication status
publishedExternal links
Journal / series
Swiss Journal of Economics and StatisticsVolume
Pages / Article No.
Publisher
SpringerSubject
COVID-19; Composite leading indicator; Financial market data; News sentiment; SwitzerlandMore
Show all metadata