Blacking out

Yvan Lengwiler

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.

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Year of publication:	2020
Authors:	Lengwiler, Yvan
Published in:	Swiss journal of economics and statistics. - Cham, Switzerland : Springer Nature Switzerland AG, ISSN 2235-6282, ZDB-ID 2241129-X. - Vol. 156.2020, 1/7, p. 1-10
Subject:	COVID-19 \| Electricity \| Seasonal adjustment \| Weather data \| Coronavirus \| Elektrizitätswirtschaft \| Electric power industry \| Saisonkomponente \| Seasonal component \| Wetter \| Weather \| Saisonale Schwankungen \| Seasonal variations \| Schwarze Menschen \| Black people \| Zeitreihenanalyse \| Time series analysis

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1186/s41937-020-00052-y [DOI] hdl:10419/259749 [Handle]
Classification:	C50 - Econometric Modeling. General ; E01 - Measurement and Data on National Income and Product Accounts and Wealth
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012257521